Showroom B2B has raised $6.5 million in pre-Series A funding
19-Oct-2023
Showroom B2B, a supply chain platform in the fashion and apparel sector has raised $6.5 million in a pre-Series A funding round led by Jungle Ventures with participation from Accion Venture Lab, Saison Capital and ICMG Partners.
Existing investors Titan Capital, Strive, Gemba Capital, Alteria Capital and Stride Ventures also participated in the round.
About Showroom B2B Founded in 2020 by Abhishek Dua and Shubham Gupta, Showroom B2B is a B2B apparel marketplace, which caters to small retailers and wholesalers in Tier II+ cities in India. Showroom B2B’s asset-light business model offers retailers access to a broad inventory of competitively priced unbranded garments within their local communities.
The capital will be used in scaling the company’s phygital distribution model and opening additional experience stores across India’s tier II and III markets.
Speaking on the announcement, Abhishek Dua, Co-founder and CEO, Showroom B2B said,“Serving as innovation hubs, these stores will facilitate easier access to garment samples and catalogs for fashion retailers and wholesalers, thereby enhancing their ordering experience on both digital and physical fronts.”
Showroom B2B, a supply chain platform in the fashion and apparel sector has raised $6.5 million in a pre-Series A funding round led by Jungle Ventures with participation from Accion Venture Lab, Saison Capital and ICMG Partners.
Existing investors Titan Capital, Strive, Gemba Capital, Alteria Capital and Stride Ventures also participated in the round.
About Showroom B2B
Founded in 2020 by Abhishek Dua and Shubham Gupta, Showroom B2B is a B2B apparel marketplace, which caters to small retailers and wholesalers in Tier II+ cities in India. Showroom B2B’s asset-light business model offers retailers access to a broad inventory of competitively priced unbranded garments within their local communities.
The capital will be used in scaling the company’s phygital distribution model and opening additional experience stores across India’s tier II and III markets.
Speaking on the announcement, Abhishek Dua, Co-founder and CEO, Showroom B2B said, “Serving as innovation hubs, these stores will facilitate easier access to garment samples and catalogs for fashion retailers and wholesalers, thereby enhancing their ordering experience on both digital and physical fronts.”