Fabriclore secures $1.6 million to revolutionize fabric sourcing.
Jaipur based Fabriclore, a leading fabric sourcing platform for fashion businesses, has raised $1.6 million to fuel its expansion plans. The funding round was led by PeerCapital and Regal Fabrics.
Fabriclore simplifies fabric sourcing for fashion brands, particularly D2C brands, by offering a one-stop shop for fabric discovery, design, dyeing, printing, and quality inspection. They've established partnerships with leading mills across India and boast of the country's first Fabric Experience Studio for a hands-on fabric selection process.
With their deep industry experience and tech-enabled solutions, Fabriclore has reduced processing delays by 20 per cent and customer rejections by 33 per cent. They're also developing software tools to streamline fabric discovery, sourcing, and production management for fashion brands.
The company plans to leverage the funding to expand its presence in India, the Middle East, Europe, and the US. They'll invest in technology to further improve operations, enhance customer experience, and scale their international reach.
Fabriclore's expertise fills a gap in the Indian textile industry by offering organized sourcing and processing, unlike China's dominant model. With Regal Group's 70-year experience, Fabriclore aims to take Indian textiles to a global audience.
This funding empowers Fabriclore to revolutionize fabric sourcing for fashion businesses, enabling faster turnaround times and smoother production cycles.
