New Delhi, 16 August 2016: Voonik, India’s fastest growing fashion marketplace, has announced the appointment of Raghu Lakkapragada as its Chief Operating Officer. This is second senior appointment announcement coming from Voonik within a month, after the appointment of Prabhakar Sunder, former Finance Head of Myntra, as CFO. Voonik is ramping up its top-management hiring to help transform the company from a start-up to a mature organisation. Voonik has also brought in experienced leaders in areas such as Quality Control and Risk management.
Raghu Lakkapragada, an Amazon veteran with 11 years of Amazon stint, built the seller-fulfilled business for Amazon India from the ground up. As COO, he will ensure that the delivery, seller and customer experience of Voonik are exceeding the Amazon bar.
Speaking on his appointment, Mr. Sujayath Ali, CEO & Founder, Voonik.com said, “Since Voonik doesn't do its own fulfilment, our model is similar to the seller-fulfilled business of Amazon India. Raghu built this for Amazon India from the ground up and scaled it to millions of shipments. Armed with this experience, he as Voonik COO will help us take our customer and seller experience to the next level. It also helps that I and Raghu went to B-School together and have known each other for 12 years out of which we worked at the same team at Amazon for 7 years.”
Mr. Raghu Lakkapragada commented on his new role, “I’m delighted to join Voonik. The company has made its mark in the industry in a very short span of time. I am excited to begin my journey.”
Voonik is India’s largest and fastest growing fashion marketplace. Voonik is the leader in the unbranded fashion category with an annual GMV rate of over 100 Million USD. It has over 12 Million registered users, with 10 Million app downloads. Voonik has built best-in-class personalization technology that made it the most engaging ecommerce app in India. On the supply side, it has over 15 Lakh products from more than 20,000 sellers. Voonik has a highly scalable ‘lean’ marketplace business model where it operates without inventory and fulfilment centres.