Fashinza Raises $30 Million Funding
Our portfolio company Fashinza, an AI-Driven B2B marketplace for global fashion supply chains, has secured $30 million in funding from Mars Growth Capital and LIQUiDITY Group.
The funding will fuel the company’s ongoing transition into a global business with significant operations in the US, Gulf, and Europe.
In today’s digital age, fashion is continually evolving, and fashion brands need to be agile and have highly efficient supply chain management to stay ahead. We provide an innovative solution to this problem by connecting SMEs directly with top fashion brands across the world through our online platform by seamlessly connecting buyers and sellers on a single app.
Our AI-driven technology allows fashion brands to adapt to changing trends while maintaining high-quality standards quickly. This approach helps brands achieve a sustainable and transparent fashion supply chain, leading to a more responsible and ethical fashion industry.
The funding from Mars Growth Capital and Liquidity Group is a significant milestone for us and highlights the company’s innovative approach to the fashion industry. With its focus on creating a more sustainable and transparent fashion supply chain, we are driving a digital transformation in the industry, paving the way for a more responsible and ethical future.
As a result, we have successfully demonstrated the importance of innovative technology in shaping industries’ futures. As the company continues to grow and expand, it is poised to become a leader in the fashion industry. It is poised to drive growth and innovation while helping to transform the industry for the better.
“With their flexible cross-border financing solutions and extensive knowledge of navigating international markets, we are confident that we can successfully penetrate new markets and provide our manufacturing solutions to key clients worldwide,” said Abhishek Sharma, Co-Founder and COO of Fashinza.
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