expressed opinion entrepreneur Contributors are themselves.
You are reading Entrepreneur India, the international franchise of Entrepreneur Media.
Showroom B2B, an end-to-end supply chain platform for fashion apparel, raised $1.35 million in seed round financing. The round was led by Strive VC, with participation from Gemba Capital, Titan Capital, Panthera Peak Capital, PointOne Capital, Bharat Founders Fund, Relentless VC and other prominent investors. Funds raised will be used to open new experience stores, enhance technology infrastructure, build a seamless customer experience, expand the network of retailers and manufacturers, and develop new innovations for Bharat and export markets. Previously, Showroom B2B raised $180,000 in an angel round of funding in 2021.
company handout
“In these turbulent times, the trust and confidence of investors clearly validates the work we are doing. As someone who has previously built and operated multi-million dollar businesses, we believe that every penny of capital must be deployed wisely And always strive to create value for all our stakeholders. In this round, the focus is on scaling, executing and exceeding,” said Abhishek Dua, Founder, Showroom B2B
Founded in 2021 by Abhishek Dua and Shubham Gupta, Showroom B2B is a brick-and-mortar apparel management marketplace established with a clear vision to organize the country’s highly fragmented apparel distribution network.
“Showroom B2B is organizing the huge long-tail apparel supply chain in India with a simple promise – to provide retailers with a wide selection of apparel at competitive prices compared to unorganized channels. As they demand-driven Pioneering product-led approach, said Siddharth Verma, Head of Strive VC: “They have been rapidly adopted in Tier 2+ cities in India. We are excited to be working with Abhishek, Shubham and their team. “
