Fabrito, a B2B fabric marketplace and procurement platform, has successfully raised a new funding round led by Green Trunk Ventures and angel investor Maninder Gulati from OYO, among other contributors.
The fresh capital injection will be directed towards enhancing Fabrito’s technology infrastructure. This includes the development of a software-as-a-service (SaaS) platform tailored for ready fabric suppliers and a comprehensive fabric sourcing platform designed for fashion brands and garment manufacturers.
Additionally, Fabrito plans to use a portion of the funds to strengthen its sales and supply teams. This strategic move aims to foster stronger relationships with textile centres across India, enabling more efficient and reliable sourcing for its clients.
Founded in 2022 by Pushpendra Singh, Fabrito aims to simplify fabric sourcing for brands and garment manufacturers by offering a wide assortment of ready-to-ship fabrics. The platform focuses on providing lower turnaround times (TAT), lower minimum order quantities (MOQs), and competitive pricing. Fabrito’s innovative approach ensures that fabrics can be replenished quickly, addressing the dynamic needs of the fashion industry.
