A tech-enabled fabric sourcing platform based in Jaipur, Fabriclorehas successfully raised $1.6 million in a funding round led by Bengaluru-based PeerCapital and UAE-based Regal Fabrics.
The funding will enable Fabriclore to expand its presence in key markets, including India, the Middle East, Europe, and the US. The startup aims to invest in technology to streamline operations, enhance customer experience, and scale its international market reach.
RajuShroff, Managing Director, Regal Group, avers, with its tremendous potential Fabriclore is poised to extend its reach to several international markets.
Founded in 2016 by Vijay Sharma, Sandeep Sharma, and AnupamArya, Fabriclore is a tech-enabled fabric sourcing platform catering to fashion businesses worldwide. The startup offers made-to-order fabric solutions, including fabric discovery, design, dyeing, printing, and quality inspection, all at a single point of contact. This approach provides lower minimum order quantities (MoQs) for D2C fashion brands and multi-brand retailers.
In six years, Fabriclore has grown into India's largest modern retail brand in its segment, with a catalogue of 10,000 SKUs from over 550 suppliers across the country. In 2023, the company pivoted to enter India’s $20 billion fabric supply chain market, establishing a network of fabric processing units supported by a 10,000-square-foot in-house design, inspection, and testing facility.
