Fashinza, a B2B manufacturing marketplace that solves apparel/fashion supply chain challenges by connecting fashion brands to experienced manufacturers, has raised a seed funding of $2.6 mn. Would use to solving apparel supply challenges by digitizing the entire sourcing cycle from design to delivery.
Fashinza claims that it helps apparel and fashion brands outsource their manufacturing with complete transparency and reliability & handles everything from design to delivery for partner brands. As of January 2021, it has 400 plus ethical partner factories across India, Bangladesh, Vietnam, and Sri Lanka. The startup counts brands like Forever21, Noon.com, FirstCry, The Souled Store, and Bewakoof.com among its customers.
“The funding that we have received is an acknowledgement of our potential to transform the apparel supply chain and it will be invested to facilitate our growth in different directions. We are expanding our network of manufacturers globally and are working with leading brands across 10 countries. Our mission here is to combine innovation with sustainability,” said Pawan Gupta, CEO and Co-founder, Fashinza.