Tinkerlust.com

Tinkerlust is an online marketplace that specializes in the sale of both new and preloved luxury fashion items, primarily targeting women with a focus on sustainability and affordability. Tinkerlust. com is an online platform for buying and selling luxury fashion items, founded in 2015 in Jakarta, Indonesia by Aliya Tjakraamidjaja and Samira Shihab, who serves as CEO. The company raised pre-Series A funding in November 2017 led by GDP Venture, with individual investors participating in the round.

Tinkerlust specializes in the sale of both new and preloved luxury branded fashion items targeted primarily at women. The company offers a diverse selection of products that includes clothing, shoes, handbags, makeup, and accessories from well-known luxury brands such as Chanel, Louis Vuitton, Gucci, and Prada. The business model focuses on providing high-quality preloved items at affordable prices, catering to fashion-conscious consumers looking for sustainable options in Indonesia. Tinkerlust aims to serve a wide customer base that includes individual buyers seeking exclusive fashion items and sellers looking to offload their luxury goods.

The company operates primarily in the Indonesian market but also attracts international clientele interested in luxury fashion, enhancing its appeal through influencer partnerships and community engagement. Tinkerlust generates revenue through direct sales of luxury fashion items, employing a marketplace model where customers can buy and sell preloved products. The transaction structure is characterized by direct-to-consumer sales, where customers purchase items at set prices without subscription or membership fees. For instance, flagship products such as a Chanel card holder or a Louis Vuitton shoulder bag are priced individually, reflecting their luxury status and brand value.

The company also engages with sellers through consignment arrangements, allowing them to list their items on the platform for a commission-based structure. This dual approach facilitates a steady flow of transactions, appealing to both fashion enthusiasts and sellers within the luxury market. In November 2017, Tinkerlust. com raised an undisclosed amount of pre-Series A funding led by GDP Venture.

The company plans to utilize the funding to accelerate user growth. Tinkerlust is focused on expanding its product offerings and enhancing the platform to attract more users. While specific details on new products or geographic markets targeted for expansion were not disclosed, the company aims to strengthen its presence in the Indonesian market and potentially reach international customers.