PE-VC Fund Investments
Fashion-tech player Thimblerr raises $1.4 M from IPV, others
Gurugram-based fashion supply-chain platform Thimblerr has raised USD 1.4 million in a bridge funding round from Inflection Point Ventures (IPV), 3one4 Capital, Mount Judi Ventures, Venture Catalysts, and We Founder Circle.Founded in 2022 by Piyush Jalan and Rishav Papneja, Thimblerr has developed a supply chain that integrates design intelligence and rapid prototyping, allowing fashion brands to transition from concept to production more efficiently. The company claims to collaborate with more than 12 clients in India, including Tata Trent, USPA, Snitch, and The Souled Store.The new funds will be used to acquire customers, expand into additional product categories, and strengthen supply-chain capabilities.
In Apr 2023, Thimblerr had attracted about USD 3 M from 3one4 Capital, Better Capital and others.For FY24, Thimblerr had reported about INR 1 Cr in Operating Income and about INR 6 Cr in Net Loss.
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