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| nationality = American
| nationality = American
| other_names =
| other_names =
| occupation =
| occupation =businessperson, entrepreneur
| years_active =
| years_active =
| known_for = JOOR marketplace
| known_for = JOOR marketplace
|alma_mater = [[University of Pennsylvania]]}}
| notable_work =
}}


'''Mona Bijoor''' (Born November 25, 1976) is a fashion and internet entrepreneur known for developing JOOR (named after herself), the digital marketplace developed to service wholesale apparel, a largely off-line industry where orders are still frequently placed using fax.<ref>Griffith, Erin. [http://pando.com/2013/04/05/joors-b2b-fashion-marketplace-on-track-to-do-350-million-in-transactions-this-year/ "Joor’s B2B fashion marketplace on track to do $350 million in transactions this year’"], ''[[Pando Daily]]'', New York, 5 April 2013. Retrieved on 13 March 2015.</ref>
'''Mona Bijoor''' (born November 25, 1976) is an American fashion and internet entrepreneur. She is the founder and CEO of JOOR (named after herself), the digital marketplace developed to service wholesale apparel, a largely offline industry where orders are still frequently placed using fax.<ref>Griffith, Erin. [http://pando.com/2013/04/05/joors-b2b-fashion-marketplace-on-track-to-do-350-million-in-transactions-this-year/ "Joor’s B2B fashion marketplace on track to do $350 million in transactions this year’"], ''[[Pando Daily]]'', New York, 5 April 2013. Retrieved on 13 March 2015.</ref><ref>{{Cite web|title = About {{!}} Joor|url = https://jooraccess.com/about/|website = jooraccess.com|access-date = 2016-02-24}}</ref>
==Early Life and Education==
==Early Life and Education==
Line 26: Line 25:


==JOOR==
==JOOR==
For its first year, JOOR was self-financed, before conducting Series A<ref>Wauters, Robin. [http://techcrunch.com/2011/07/19/joor-raises-2-25-million-for-private-online-fashion-marketplace/ "JOOR Raises $2.25 Million For Private Online Fashion Marketplace"], ''[[TechCrunch]]'', New York, 19 July 2011. Retrieved on 5 March 2015.</ref> and Series B<ref>Yang, Stephanie. [http://techcrunch.com/2013/07/25/online-fashion-marketplace-joor-raises-15m-in-series-b-funding/ "Online Fashion Marketplace JOOR Raises $15M In Series B Funding"], ''[[TechCrunch]]'', New York, 25 July 2013. Retrieved on 5 March 2015.</ref> funding rounds in 2011 and 2013 to fund expansion overseas. The platform allows brands to display their collections in an online marketplace where retailers can purchase products wholesale, a process that before JOOR usually required using pen and paper.<ref>Bolton, Dierdre. [http://www.bloomberg.com/news/videos/b/a1821cf3-28ba-425a-b227-0e15c8d24b1a "Joor: Connecting Boutiques, Buyers and Brands’"], ''[[Bloomberg TV: Money Moves]]'', New York, 25 November 2013. Retrieved on 10 March 2015.</ref> After quadrupling revenue between 2012 and 2013, Mona was named one of Crain's New York 40 Under 40 in 2014<ref>Pasquarelli, Adrianne. [http://mycrains.crainsnewyork.com/40under40/profiles/2014/mona-bijoor "40 Under 40: Mona Bijoor, 37"], ''[[Crain's New York]]'', New York, 22 April 2014. Retrieved on 5 March 2015.</ref> and JOOR was named an Inc. "Company to Watch."<ref>Yaqub, Reshma Memon. [http://www.inc.com/magazine/201305/reshma-memon-yaqub/future-of-wholesale-orders.html "Company to Watch: Joor’"], ''[[Inc. Magazine]]'', New York, 30 April 2013. Retrieved on 13 March 2015.</ref> That year, JOOR was also named one of the 10 most innovative companies in fashion by the staff of Fast Company.<ref>Fast Company Staff. [http://www.fastcompany.com/3026315/most-innovative-companies-2014/the-worlds-top-10-most-innovative-companies-in-style "The World's Top Ten Most Innovative Companies in Style"], ''[[Fast Company (magazine)|Fast Company]]'', New York, 13 February 2013. Retrieved on 19 March 2015.</ref> As the company grew, Mona also became known for her innovative "temp-to-perm" hiring process that lowered employee attrition from 60% to below 10%.<ref>Max, Sarah. [http://www.nytimes.com/2014/09/11/business/smallbusiness/uncertain-about-hiring-some-companies-try-test-drives.html "Uncertain About Hiring, Some Companies Try ‘Test Drives’"], ''[[New York Times]]'', New York, 10 September 2014. Retrieved on 10 March 2015.</ref> JOOR's clients include Diane Von Furstenberg, Phillip Lim, Alexander McQueen, Rag & Bone, and Thakoon<ref>Grant, Rebecca. [http://venturebeat.com/2013/05/15/joor-modernizes-wholesale-buying-for-biggest-names-in-fashion/ "JOOR modernizes wholesale buying for biggest names in fashion’"], ''[[Venturebeat]]'', New York, 15 May 2013. Retrieved on 13 March 2015.</ref> on the fashion side, and the retailers Bergdorf Goodman and Harrods.<ref>Yaqub, Reshma Memon. [http://www.inc.com/magazine/201305/reshma-memon-yaqub/future-of-wholesale-orders.html "Company to Watch: Joor’"], ''[[Inc. Magazine]]'', New York, 30 April 2013. Retrieved on 13 March 2015.</ref> At present, JOOR has offices in New York, Paris, Milan, Los Angeles, and Sydney, and processed close to $3 billion in transactions for the fashion industry in 2014, generating $10 million in revenue.<ref>Novellino, Sarah. [http://upstart.bizjournals.com/entrepreneurs/hot-shots/2015/02/11/upstart-100-2015-reinventers.html?page=all "The reinventors: They re-did it their way’"], ''[[Upstart Business Journal]]'', New York, 11 February 2015. Retrieved on 10 March 2015.</ref> For her accomplishments, Mona was named Fashinvest's entrepreneur of the year in 2014, and one of the Wharton Business School's 40 Under 40.<ref>Fashinvest Staff. [http://www.fashinvest.com/2014-fashpreneur-year-mona-bijoor/ "2014 Fashpreneur of the Year: Mona Bijoor"], ''[[Fashinvest]]'', New York, 1 December 2014. Retrieved on 19 March 2015.</ref><ref>Wharton Magazine Staff. [http://whartonmagazine.com/mona-bijoor/ "The Wharton #40Under40"], ''[[Wharton Magazine]]'', Philadelphia, 1 December 2014. Retrieved on 19 March 2015.</ref> In 2015, Mona was asked to join the advisory committee for Saban Brands, a major fashion and entertainment conglomerate.<ref>Young, Vicki M. [http://wwd.com/business-news/human-resources/saban-brands-advisory-committee-10111531/"], ''[[Women's Wear Daily]]'', New York, 14 April 2015. Retrieved on 20 April 2015.</ref>
For its first year, JOOR was self-financed, before conducting Series A<ref>Wauters, Robin. [http://techcrunch.com/2011/07/19/joor-raises-2-25-million-for-private-online-fashion-marketplace/ "JOOR Raises $2.25 Million For Private Online Fashion Marketplace"], ''[[TechCrunch]]'', New York, 19 July 2011. Retrieved on 5 March 2015.</ref> and Series B<ref>Yang, Stephanie. [http://techcrunch.com/2013/07/25/online-fashion-marketplace-joor-raises-15m-in-series-b-funding/ "Online Fashion Marketplace JOOR Raises $15M In Series B Funding"], ''[[TechCrunch]]'', New York, 25 July 2013. Retrieved on 5 March 2015.</ref> funding rounds in 2011 and 2013 to fund expansion overseas. The platform allows brands to display their collections in an online marketplace where retailers can purchase products wholesale, a process that before JOOR usually required using pen and paper.<ref>Bolton, Dierdre. [http://www.bloomberg.com/news/videos/b/a1821cf3-28ba-425a-b227-0e15c8d24b1a "Joor: Connecting Boutiques, Buyers and Brands’"], ''[[Bloomberg TV: Money Moves]]'', New York, 25 November 2013. Retrieved on 10 March 2015.</ref> After quadrupling revenue between 2012 and 2013, Mona was named one of Crain's New York 40 Under 40 in 2014<ref>Pasquarelli, Adrianne. [http://mycrains.crainsnewyork.com/40under40/profiles/2014/mona-bijoor "40 Under 40: Mona Bijoor, 37"], ''[[Crain's New York]]'', New York, 22 April 2014. Retrieved on 5 March 2015.</ref> and JOOR was named an Inc. "Company to Watch."<ref>Yaqub, Reshma Memon. [http://www.inc.com/magazine/201305/reshma-memon-yaqub/future-of-wholesale-orders.html "Company to Watch: Joor’"], ''[[Inc. Magazine]]'', New York, 30 April 2013. Retrieved on 13 March 2015.</ref> That year, JOOR was also named one of the 10 most innovative companies in fashion by the staff of Fast Company.<ref>Fast Company Staff. [http://www.fastcompany.com/3026315/most-innovative-companies-2014/the-worlds-top-10-most-innovative-companies-in-style "The World's Top Ten Most Innovative Companies in Style"], ''[[Fast Company (magazine)|Fast Company]]'', New York, 13 February 2013. Retrieved on 19 March 2015.</ref>
As the company grew, Mona also became known for her innovative "temp-to-perm" hiring process that lowered employee attrition from 60% to below 10%.<ref>Max, Sarah. [http://www.nytimes.com/2014/09/11/business/smallbusiness/uncertain-about-hiring-some-companies-try-test-drives.html "Uncertain About Hiring, Some Companies Try ‘Test Drives’"], ''[[New York Times]]'', New York, 10 September 2014. Retrieved on 10 March 2015.</ref> JOOR's clients include Diane Von Furstenberg, Phillip Lim, Alexander McQueen, Rag & Bone, and Thakoon<ref>Grant, Rebecca. [http://venturebeat.com/2013/05/15/joor-modernizes-wholesale-buying-for-biggest-names-in-fashion/ "JOOR modernizes wholesale buying for biggest names in fashion’"], ''[[Venturebeat]]'', New York, 15 May 2013. Retrieved on 13 March 2015.</ref> on the fashion side, and the retailers Bergdorf Goodman and Harrods.<ref>Yaqub, Reshma Memon. [http://www.inc.com/magazine/201305/reshma-memon-yaqub/future-of-wholesale-orders.html "Company to Watch: Joor’"], ''[[Inc. Magazine]]'', New York, 30 April 2013. Retrieved on 13 March 2015.</ref> At present, JOOR has offices in New York, Paris, Milan, Los Angeles, and Sydney, and processed close to $3 billion in transactions for the fashion industry in 2014, generating $10 million in revenue.<ref>Novellino, Sarah. [http://upstart.bizjournals.com/entrepreneurs/hot-shots/2015/02/11/upstart-100-2015-reinventers.html?page=all "The reinventors: They re-did it their way’"], ''[[Upstart Business Journal]]'', New York, 11 February 2015. Retrieved on 10 March 2015.</ref> For her accomplishments, Mona was named Fashinvest's entrepreneur of the year in 2014, and one of the Wharton Business School's 40 Under 40.<ref>Fashinvest Staff. [http://www.fashinvest.com/2014-fashpreneur-year-mona-bijoor/ "2014 Fashpreneur of the Year: Mona Bijoor"], ''[[Fashinvest]]'', New York, 1 December 2014. Retrieved on 19 March 2015.</ref><ref>Wharton Magazine Staff. [http://whartonmagazine.com/mona-bijoor/ "The Wharton #40Under40"], ''[[Wharton Magazine]]'', Philadelphia, 1 December 2014. Retrieved on 19 March 2015.</ref> In 2015, Mona was asked to join the advisory committee for Saban Brands, a major fashion and entertainment conglomerate.<ref>Young, Vicki M. [http://wwd.com/business-news/human-resources/saban-brands-advisory-committee-10111531/ "], ''[[Women's Wear Daily]]'', New York, 14 April 2015. Retrieved on 20 April 2015.</ref>


==References==
==References==

Revision as of 17:47, 24 February 2016

Mona Bijoor
Photo by Ana Schechter
Born (1976-11-25) November 25, 1976 (age 47)
Williamsville, NY
NationalityAmerican
Alma materUniversity of Pennsylvania
Occupation(s)businessperson, entrepreneur
Known forJOOR marketplace

Mona Bijoor (born November 25, 1976) is an American fashion and internet entrepreneur. She is the founder and CEO of JOOR (named after herself), the digital marketplace developed to service wholesale apparel, a largely offline industry where orders are still frequently placed using fax.[1][2]

Early Life and Education

Mona was born in Williamsville, NY, the daughter of Dinesh and Rashmi Parekh, who are both small business owners. She attended Williamsville North High School before attending the University of Pennsylvania where she studied human biology. She then went on to earn her MBA from the Wharton School of the University of Pennsylvania.[3]

Career

After graduating from Wharton, Mona held a variety of different roles in the fashion industry, including corporate strategy roles at Elie Tahari and Chanel.[4] Between 2007-2009 she was a Senior Buyer at Ann Taylor, an experience which inspired her to found JOOR to address perceived pain-points in the wholesale process.[5]

JOOR

For its first year, JOOR was self-financed, before conducting Series A[6] and Series B[7] funding rounds in 2011 and 2013 to fund expansion overseas. The platform allows brands to display their collections in an online marketplace where retailers can purchase products wholesale, a process that before JOOR usually required using pen and paper.[8] After quadrupling revenue between 2012 and 2013, Mona was named one of Crain's New York 40 Under 40 in 2014[9] and JOOR was named an Inc. "Company to Watch."[10] That year, JOOR was also named one of the 10 most innovative companies in fashion by the staff of Fast Company.[11]

As the company grew, Mona also became known for her innovative "temp-to-perm" hiring process that lowered employee attrition from 60% to below 10%.[12] JOOR's clients include Diane Von Furstenberg, Phillip Lim, Alexander McQueen, Rag & Bone, and Thakoon[13] on the fashion side, and the retailers Bergdorf Goodman and Harrods.[14] At present, JOOR has offices in New York, Paris, Milan, Los Angeles, and Sydney, and processed close to $3 billion in transactions for the fashion industry in 2014, generating $10 million in revenue.[15] For her accomplishments, Mona was named Fashinvest's entrepreneur of the year in 2014, and one of the Wharton Business School's 40 Under 40.[16][17] In 2015, Mona was asked to join the advisory committee for Saban Brands, a major fashion and entertainment conglomerate.[18]

References

  1. ^ Griffith, Erin. "Joor’s B2B fashion marketplace on track to do $350 million in transactions this year’", Pando Daily, New York, 5 April 2013. Retrieved on 13 March 2015.
  2. ^ "About | Joor". jooraccess.com. Retrieved 2016-02-24.
  3. ^ Andrews, Kelly. "Record MBA Class Pledge Creates a Legacy", Wharton Magazine, Philadelphia, 2005. Retrieved on 5 March 2015.
  4. ^ Bourne, Leah. "The Innovators: Mona Bijoor Revolutionizes Wholesale Buying With Joor", NBCNewYork, New York, 12 August 2011. Retrieved on 5 March 2015.
  5. ^ Frenkel, Karen A. "Dragging Fashion Wholesalers Into the Digital Age", Bloomberg Businessweek, New York, 21 December 2012. Retrieved on 5 March 2015.
  6. ^ Wauters, Robin. "JOOR Raises $2.25 Million For Private Online Fashion Marketplace", TechCrunch, New York, 19 July 2011. Retrieved on 5 March 2015.
  7. ^ Yang, Stephanie. "Online Fashion Marketplace JOOR Raises $15M In Series B Funding", TechCrunch, New York, 25 July 2013. Retrieved on 5 March 2015.
  8. ^ Bolton, Dierdre. "Joor: Connecting Boutiques, Buyers and Brands’", Bloomberg TV: Money Moves, New York, 25 November 2013. Retrieved on 10 March 2015.
  9. ^ Pasquarelli, Adrianne. "40 Under 40: Mona Bijoor, 37", Crain's New York, New York, 22 April 2014. Retrieved on 5 March 2015.
  10. ^ Yaqub, Reshma Memon. "Company to Watch: Joor’", Inc. Magazine, New York, 30 April 2013. Retrieved on 13 March 2015.
  11. ^ Fast Company Staff. "The World's Top Ten Most Innovative Companies in Style", Fast Company, New York, 13 February 2013. Retrieved on 19 March 2015.
  12. ^ Max, Sarah. "Uncertain About Hiring, Some Companies Try ‘Test Drives’", New York Times, New York, 10 September 2014. Retrieved on 10 March 2015.
  13. ^ Grant, Rebecca. "JOOR modernizes wholesale buying for biggest names in fashion’", Venturebeat, New York, 15 May 2013. Retrieved on 13 March 2015.
  14. ^ Yaqub, Reshma Memon. "Company to Watch: Joor’", Inc. Magazine, New York, 30 April 2013. Retrieved on 13 March 2015.
  15. ^ Novellino, Sarah. "The reinventors: They re-did it their way’", Upstart Business Journal, New York, 11 February 2015. Retrieved on 10 March 2015.
  16. ^ Fashinvest Staff. "2014 Fashpreneur of the Year: Mona Bijoor", Fashinvest, New York, 1 December 2014. Retrieved on 19 March 2015.
  17. ^ Wharton Magazine Staff. "The Wharton #40Under40", Wharton Magazine, Philadelphia, 1 December 2014. Retrieved on 19 March 2015.
  18. ^ Young, Vicki M. ", Women's Wear Daily, New York, 14 April 2015. Retrieved on 20 April 2015.

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