Australia’s not short of people selling you booze, but in the space between discounted goon bags, and Shakespearean prose about the glories of $800 bottles of famous red, it seems most retailers forgot that sharing a bottle of wine with friends is about fun and conviviality. That’s where Vinomofo comes in and No. 6… Read more »
ASX-listed investment fund Blue Sky (BLA) has been placed in receivership over a $50 million loan to US financier Oaktree Capital Management. In a statement to the ASX today, KordaMentha said it had been appointed receivers and managers to Blue Sky Alternative Investments Ltd as the business was in breach of a financial covenant relating… Read more »
The City of Sydney has partnered with Investible to run a Retail Innovation Program, an accelerator program aimed at helping traditional bricks and mortar retailers get online.
Aussie founders have a chance to rub shoulders with startup royalty and hear from over 70 speakers at the first-ever Startup Grind Asia Pacific event, presented by MYOB.
Melbourne startup Winery Lane aims to bridge the gap between Australia’s best winemakers and the consumer. Taking a collaborative approach, Winery Lane works to build the profiles and sales of independent and boutique Australian wineries.
Five years on from launch, online wine selling startup Vinomofo has closed its first external round of funding, raising $25 million in funding from Blue Sky Venture Capital as it looks to accelerate its operations in Australia and expand into New Zealand, Singapore, Hong Kong, China, and the US and UK.
Vinomofo, one of Australia’s fastest growing startups, has changed the way that Australian consumers think about wine and purchase it. Since Justin Dry and Andre Eikmeier founded the company in 2011, it has garnered 400,000 members and 75,000 active customers – which is perhaps the most important number that the pair take notice of. In this financial year, the business is set to exceed over $50 million in revenue, with Dry saying that the business is now growing at 100 percent year on year.
At first glance, the stuffy corporate world and a startup with ‘mofo’ in its name seem like strange bedfellows, but Melbourne online wine retailer Vinomofo has decided to launch a corporate partnership program nonetheless.
Melbourne startup Nourissh has raised $250,000 from Justin Dry and Andre Eikmeier, the co-founders of Vinomofo.
From having to change their name just before launch to their acquisition and subsequent buyback from The Catch Group, Vinomofo’s road to success has been well documented within the Australian startup community. Now the mainstream online retail industry is taking notice, with the startup taking out three awards at last week’s Online Retail Industry Awards (ORIAs), including the top prize of Online Retailer of the Year.
Adelaide has long been a business hub. From Boost Juice to News Corp, a number of big companies were founded in Adelaide. The problem has been figuring out how to keep them in Adelaide, a problem reflected in the wider community.
Melbourne startup and online-focused wine retailer Vinomofo today announced the launch of its new ‘random acts of kindness’ project called Vinobomb, which it kicked off under the radar in September.
Perceptar is the name of Chris Joannou’s pet project which allows users to see through the phone of friends and random followers alike. Anyone that is filming live on the network in ‘public’ mode’ will be able to see what your phone sees.
An alcoholic retail war is brewing between some of Australia’s best online beer and wine stores. This comes as no suprise with Sydney’s strict lockout laws for bars alongside reduced trading hours for bottle shops that are pushing thirsty crowds towards staging their own parties with unlimited BYO.