Fashinza is a B2B fashion startup based in India founded in 2020. The company's slogan, "Automate Your Apparel Design & Manufacturing with Fashinza," reflects its core business. Fashinza serves as a next-generation supply chain and fashion marketplace for brands and manufacturers. The company, founded by serial entrepreneurs and graduates of IIT Delhi, distinguishes itself by offering manufacturing and apparel design as a service solution through a powerful technology platform. Fashinza's approach aims to add value to customers and facilitate business scaling efficiently. One of Fashinza's key differentiators is its commitment to providing end-to-end visibility for tracking each procurement step, ensuring 100% transparency using its tech-enabled platform. Moreover, the company leverages a vast network of cloud-connected factories to deliver faster and more reliable production times. Fashinza's wide offerings and capabilities across price points enable it to meet diverse market needs. The company offers apparel sourcing, design, and manufacturing services for womenswear, activewear, menswear, and kidswear, with the added benefit of low minimum order quantities. Ethical sourcing practices form an integral part of Fashinza's operational philosophy. In terms of funding, the company secured a $30.00M debt financing investment on 28 March 2023. The investors involved in this funding round include Mars Growth Capital and LIQUiDITY Group. Overall, Fashinza's ambitious approach to modernizing apparel design and manufacturing, coupled with its strategic partnerships and recent investment, positions it as a compelling contender in the fashion industry's evolving landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $30.00M | 2 | 28 Mar 2023 | |
Debt Financing | $40.00M | - | 17 May 2022 | |
Series B | $60.00M | 10 | Nitesh Banta, Jeff Fagnan +1 | 17 May 2022 |
Series A | INR1.49B | 9 | TradeCred, Sonam Kapoor Ahuja +2 | 02 Aug 2021 |
Seed Round | $2.60M | 5 | Rohit Bansal, Kunal Bahl +1 | 20 Jan 2021 |
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