Fashinza Secures $30 Million in Funding Round Led By Mars Growth Capital and LIQUiDITY Group.
March 31, 2023
Gurugram, Haryana, India - Fashinza, a next-generation supply chain and fashion marketplace for brands & manufacturers, announced that it has secured $30 million in funding from Mars Growth Capital and LIQUiDITY Group.
Co-founded by serial entrepreneur and graduate of IIT Delhi, Pawan Gupta, Fashinza offers manufacturing & apparel design as a service solution using a powerful technology platform. Fashinza provides end-to-end visibility for customers to track each procurement step using their tech-enabled platform. This provides 100% transparency across the entire production process. Furthermore, Fashinza delivers faster production times owing to its massive network of cloud-connected factories that offer wide offerings and capabilities across price points with 45-day TATs with low MOQs. Additionally, Fashinza is committed to ethical sourcing practices and sustainable fashion.
"We are delighted to have raised this round of funding," said Pawan Gupta, co-founder of Fashinza. "The funds will enable us to continue developing our technology platform so we can provide the best services to our customers."