PE-VC Fund Investments
Fashion supply startup Thread Factory raises Rs.1.5-Cr led by AJVC
Ghaziabad-based fashion supply startup Thread Factory has raised INR 1.5 crore in a pre-seed funding round led by AJVC.Founded in 2023 by Vivek Solanki and Paras Jindal, Thread Factory is building a B2B platform designed to connect independent apparel retailers with manufacturers across India. It aims to address inefficiencies in the fashion supply chain by allowing retailers to browse products and place orders directly, capturing transaction-level data to provide intelligence for the supply side.The new funds will be used to enhance its technology stack, expand its team, onboard more retailers and manufacturers, and continue developing a data-driven supply infrastructure for the Indian apparel ecosystem.
In Jan 2025, Thread Factory had attracted about USD 0.2 M from AJVC.
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