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The Yarn Bazaar is a holistic B2B yarn platform offering trading, lending and logistics services.
Basic Information
Mumbai-based The Yarn Bazaar is one company that is digitising the yarn industry. Started in 2019, the business model functions through a website and Android and IOS mobile applications. It is a holistic one-stop platform for discovering good quality yarns, getting the best price, and also vendors. Both buyers and sellers have to create their profiles on the platform. The buyer can post his requirements, compare prices from a list of sellers and place orders accordingly. The buyer can also request for a sample of the yarn and order for a test report to keep track of the quality of the yarn. When both the parties are satisfied, the transaction happens through the platform. The Yarn Bazaar charges a convenience fee from the transactions. The platform has some well-known mills registered such as Grasim (Aditya Birla), Trident, Pallavaa, Sintex etc.
Legal Name
:
Filosha Fibres Private Limited
Headquarters
:
Mumbai, Maharashtra , India
Business Model
:
B2B  
Founding Date
:
2019
No. of Employees
:
11 to 20
Core Team
:
1.  
Pratik Gadia
Founder and CEO
2.  
Vishal Darak
Co Founder and COO
3.  
Akshat Doshi
Co Founder
4.  
Steven Enamakel
Chief Technology Officer

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Funding
Detail Round Breakdown
Round 1

$1.8M

Series Name
:
SEED
Date
:
19th Jun 2023
Investors
:
1.  
Rajiv Dadlani Group
2.  
Equanimity Investments
3.  
Arihant Patni
4.  
Ekta Kapoor

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