Fashinza, an AI-driven B2B marketplace that provides a global supply chain for fashion brands and retailers, has secured $30 million in working capital funding from Mars Growth Capital and Liquidity Group.
This funding will be used to support the company’s ongoing global expansion plans, including significant operations in the US, Gulf, and Europe.
Abhishek Sharma, Co-Founder and COO of Fashinza, said the company aims to penetrate new markets and provide manufacturing solutions to key clients worldwide with the help of Mars Growth Capital and Liquidity Group’s flexible cross-border financing solutions and extensive knowledge of navigating international markets.
Fashinza said its online platform connects buyers and sellers seamlessly, transforming the global fashion supply chain in today’s high-speed digital age.
Fashinza plans to use the capital to meet its growing international working capital requirements in the most capital-efficient manner.
