By Entrackr
Fabriclore, a tech-enabled fabric sourcing platform for fashion businesses, has raised $1.6 million in a new round led by PeerCapital and Regal Fabrics.
With this funding, Fabriclore plans to expand its presence in key markets, including India, the Middle East, Europe, and the USA. According to the company, it will invest in technology to further streamline its operations, enhance customer experience, and scale in international markets.
Founded in 2016 by Vijay Sharma, Sandeep Sharma, and Anupam Arya, Fabriclore provides, made-to-order fabric solutions including fabric discovery, design, dyeing, printing, and quality inspection all at a single point of contact at lower MoQs to D2C fashion brands and multi brand retailers.
From 2016 until 2022, Fabriclore created a modern retail brand, with a catalogue of 10,000 SKUs developed by over 550 suppliers across India. The company pivoted to enter into India’s $20 billion fabric supply chain market in 2023.
Within 12 months of its B2B pivot, it claims to have boarded over 200 private labels primarily from India and the Middle East. The firm operates a 10,000-square-foot warehouse with an in-house quality inspection unit and has also forged partnerships with internationally accredited testing labs to provide certificates for specific tests required by clients.
Fabriclore has also created Fabric Experience Studio in Jaipur, which offers a hands-on touch-and-feel experience of a vast portfolio of fabrics sourced from 50 mills. It plans to open more such experience studios in tier A cities in India and in UAE.