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Reshamandi

Reshamandi

Reshamandi is India's first and largest digital ecosystem for natural fibre supply chain, starting from farm to retail.

Reshamandi

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Basic Information

Reshamandi is India's first and largest digital ecosystem for natural fibre supply chain, starting from farm to retail; aimed at creating definitive fashion trends. Started as a B2B company powered by technology in the form of a super app designed to streamline natural fiber business in India. ReshaMandi, via its business model, ensures that there is a significant social impact at the grassroots level and helps in improving crop utilisation and revenue for farmers, reelers and weavers. They procure scientifically graded cocoons from farmers, supply them to reelers, make high-quality yarn accessible to weavers and connect them with numerous retailers. We are also realizing the goal of Atmanirbhar Bharat, by financially empowering its stakeholders and encouraging entrepreneurship. The company has recently also ventured into the D2C space to cater to end consumers by bringing some of the most exquisite designs made of natural fibres in ethnic & smart ethnic category, sourced from different parts of India. We are a company driven by innovation and cutting edge technology with a young work-force committed to the cause of sustainable fashion.

Legal Name

:

Shapos Services Pvt. Ltd

Headquarters

:

Bangalore, Karnataka, India

Business Model

:

B2C, B2B

Founding Date

:

2020

No. of Employees

:

501 to 1000

Core Team

:

1.

Mayank Tiwari

Founder and CEO

2.

Saurabh Agarwal

Co-Founder & CTO

Tech30 Pitch

Revenue Stream

Physical Commerce

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Funding

Total Funding

$54.2M

Investors

:

1.

STRIVE

2.

Creation Investments Capital Management, LLC

3.

Omnivore

4.

Stride Ventures

See More

Detail Round Breakdown

Round 1

$30M

Series Name

:

SERIES-A

Date

:

12th Oct 2021

Investors

:

1.

Creation Investments

2.

Venture Catalysts

3.

Omnivore

4.

9 Unicorns

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