INDIA – Fashinza, an Indian AI-driven B2B marketplace for fashion supply chains, raised $30M in funding.
The round was led by Mars Growth Capital and Liquidity Group. The company intends to use the funds to accelerate its ongoing transition into a global business with operations in the USA, Gulf, and Europe. Co-founded in 2020 by serial entrepreneurs Pawan Gupta, Abhishek Sharma and Jamil Ahmad, Fashinza is an online platform that allows both fashion buyers and sellers to connect seamlessly. It offers access to a production process that can be monitored 24/7 with 100% control enabled by their FactoryOS. The company has a roster of over 250 factories that currently serves 200+ brands across five countries, including the United States, Canada, UAE, UK & India. 28/03/2023
