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India's fashion supply-chain startup Fashinza raises $100m

Series B funds earmarked for global expansion to rival Udaan and Flipkart

Fashinza connects SMEs to the cloud with their mobile-based production management and visibility software. (Image from Fashinza website)

NEW DELHI -- Fashinza, an Indian business-to-business marketplace for fashion brands and retailers, has raised $100 million in a Series B funding round led by Prosus Ventures and Westbridge Capital in a combination of equity and debt.

Founded in 2020 by IIT Delhi alumni Pawan Gupta, Abhishek Sharma and Jamil Ahmad, the round also attracted angel investors Naval Ravikant, Jeff Fagnan, Jake Zeller, Nivi and Nitesh Banta.

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