PE-VC Fund Investments
B2B textiles player Fantail raises Rs.13.75 Cr
Surat-based Fantail has raised INR 13.75 crore (USD 1.6 million) in a seed round co-led by Riverwalk Holdings, Incubate Fund Asia and All in Capital.The company will use the fresh capital to upgrade machinery at its partner weavers, mills and processors, to streamline operations and team expansion.Founded in 2023 by Ramya Iyer, Fantail designs and manufactures fabrics for enterprise fashion retailers. It focuses on man-made fibers (MMF) such as nylon, viscose and polyester and works with a network of weavers, mills, and processors.
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