Modi is a B2B fashion and retail startup that aims to assist apparel brands in creating more inclusive, sustainable, and profitable supply chains. Its slogan "Modi helps apparel brands build more inclusive, sustainable, and profitable supply chains" emphasizes its core mission. The company, founded in 2022, offers real-time forecasting and inventory planning to help apparel brands align production with demand, ultimately reducing waste and optimizing operations. Modi's innovative approach has yielded tangible results for its brand partners, with e-commerce conversion rates experiencing a significant increase of 12-18% while simultaneously reducing return rates by up to 45%. This positive impact on key performance indicators underscores the value that Modi's solutions bring to the fashion industry. As the company operates within the fashion, retail, SaaS, and apparel sectors, it is poised to capitalize on the growing demand for sustainable and efficient supply chain management solutions in these industries. While specific details regarding its headquarters and recent investments are not available, Modi's value proposition and positive impact on brand partners make it a compelling prospect for potential investors in the retail and fashion technology space.
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