True Colors Limited is a fully integrated player in digital textile printing and fabric processing, with businesses spanning fabric printing, sublimation paper, machine trading and ink supply. The company has a recurring revenue model and has more than doubled revenue in recent years, from ₹80 crore in FY22-23 to ₹160 crore in FY23-24 and ₹233 crore in FY24-25, with a projected topline approaching ₹300 crore in FY25-26. The business is pursuing vertical integration (including the acquisition of True Colors Print) to strengthen its value chain and improve throughput. Newly raised capital will be used to scale core operations, enhance production capacity, and improve process efficiencies to drive profitability. True Colors plans to expand its domestic and export footprints and deepen R&D to meet demand for customized, technology-driven textile solutions. The company is also pursuing sustainability goals, meeting over 20% of its energy needs via solar today and targeting 40% in coming quarters.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2025