Showroom B2B raises $1.35 million in seed round from Strive VC, others
Showroom B2B, a supply chain platform in the fashion and apparel sector has raised $1.35 million (Rs 11 crore) in a seed funding round led by Strive VC.
Gemba Capital, Titan Capital, Panthera Peak Capital, Point One Capital, Bharat Founders Fund, Relentless VC, and other investors also participated in the funding round.
The company will utilise the funds to open experience stores, improve customer experience, expansion of network with retailers, technology enhancement, and innovation.
Commenting on the investment, Siddharth Verma, principal at Strive VC in a statement said, “Showroom B2B is organising the massively long-tailed apparel supply chain in India with a simple promise to provide a broad selection of apparel to retailers at competitive prices compared to unorganised channels. As a result of their demand-first product-led approach, they have seen rapid adoption across tier 2 plus cities in India.”
Abhishek Dua, founder of Showroom B2B added, “The trust and confidence of the investors during these turbulent times clearly validate the work we are doing. With this current round, the focus is razor-sharp to expand, execute and excel.”
Founded in 2020 by Abhishek Dua and Shubham Gupta, Showroom B2B had previously raised $180k in an angel round in 2021.
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