Fashinza
500 7th Avenue, New York, NY, 10018, United States
Overview
Fashinza operates an AI-driven B2B marketplace connecting fashion buyers and sellers and offering end-to-end production visibility via its FactoryOS platform. The platform enables 24/7 monitoring and claims 100% control of the production process. Fashinza works with a roster of over 250 factories and serves 200+ brands across five countries, including the United States, Canada, UAE, UK and India. The company was co-founded in 2020 by Pawan Gupta, Abhishek Sharma and Jamil Ahmad. It intends to use the new funding to accelerate its ongoing transition into a global business with operations in the USA, Gulf and Europe. Financially, the company has secured $30M in funding as reported. Fashinza operates a tech-enabled marketplace that handles everything from design to delivery for partner brands, with integrated logistics, fintech, and payment support. The company lowered minimum order units to as little as 50 and cut design-to-delivery turn-around-times by 50% in a single year. It also uses the data it generates to build fintech products that address financial challenges for customers and suppliers. Fashinza works with over 250 manufacturers across India, Bangladesh, China, and Vietnam and serves more than 200 brands in six countries, including the US, Canada, UAE, and India. Founded in 2020, the company says it grew its business 10x in the past 12 months and crossed a $150 million annualised GMV run rate. Leadership has stated plans to expand global presence and offer fast, sustainable, tech-based supply-chain solutions, with particular focus on customers in North America. Fashinza operates a B2B marketplace and AI-led technology platform that automates apparel supply-chain processes from finding the right supplier to managing production across stakeholders. The company handles everything from design to delivery for partner brands and says it has grown over 20x in the last 12 months. Founded in 2020 by IIT Delhi alumni Pawan Gupta and Abhishek Sharma, Fashinza aims to help small and medium ethical factories connect with global demand and reduce environmentally unsustainable practices like overproduction. Leadership has set a target to build an environmentally net positive supply chain by 2030. The startup is Gurugram-based and plans to use new funding to invest in supply-chain technology and expand its manufacturer base and presence globally, especially in the US and the Middle East. Its positioning targets a large apparel opportunity highlighted by investors as a $600 billion market. Fashinza is a B2B manufacturing marketplace that helps apparel and fashion brands outsource manufacturing with transparency and reliability, handling everything from design to delivery. The company offers low minimum order quantities and fast turnarounds, aiming to democratise the fast‑fashion supply chain for e-commerce brands. As of January 2021 it works with 400+ ethical partner factories across India, Bangladesh, Vietnam, and Sri Lanka and serves leading brands across 10 countries. Founded in 2020 by IIT Delhi alumni Pawan Gupta and Abhishek Sharma and based in Gurugram, Fashinza combines a product- and tech-led approach with a mission to marry innovation and sustainability. The startup says it will expand its global network of manufacturers and scale operations to facilitate growth. It will use the recent funding to digitise the entire sourcing cycle from design through delivery.
- Total raised
- $53M
- Funding rounds
- 6
- Latest round
- Equity
- Latest activity
- Mar 2023
Industries
- B2B
- Fashion
- Marketplace
Recent funding
Equity
Mar 2023
$30M
Series A
Aug 2021
$20M
Seed
Jan 2021
$3M