CoutLoot, an end to end fashion e-commerce service where customers can buy and sell second hand products, has been selected for Facebook's developer-focused "FbStart" programme, receiving access to $40,000 worth of credits and services from the social networking giant. Launched last year, "FbStart" helps developers grow their startups by leveraging valuable tools and services, worldwide events and opportunities to engage with the Facebook team.
Jasmeet Thind, Co-founder, CoutLoot, said, "'FbStart' programme will be an immense boost to us at this phase of our evolution. Receiving mentorship from the pioneer of social networking will bring a huge opportunity for us to lead the fashion re-commerce revolution in India within the next couple of years."
In a statement, the company stated that, under the programme, CoutLoot would also receive mentoring from Menlo Park-headquartered tech giant's engineering teams.
According to the product partnerships team at Facebook, over 75 per cent of top-grossing apps in India get integrated with Facebook.