Showroom B2B, a business-to-business platform for unbranded garments has raised $6.5 million (Rs 54 crore) in pre-Series A round led by Jungle Ventures.
Accion Venture Lab, Saison Capital, and ICMG Partners along with existing investors like Strive, Gemba Capital, Titan Capital, Alteria Capital, and Stride Ventures also participated in the funding round.
The capital will be used to scale the company’s ‘phygital’ distribution model and open more experience stores India with focus on tier 2, 3 markets and beyond.
Commenting on the funding, Abhishek Dua, co-founder CEO of Showroom B2B in a statement said, “So far, the startup has raised $8 million in funding, including the current round. Serving as innovation hubs, these stores will facilitate easier access to garment samples and catalogues for fashion retailers and wholesalers, thereby enhancing their ordering experience on both digital and physical fronts.”
“Showroom B2B will also enhance its private labelling capabilities and bring premium and affordable fashion to retailers in tier 2 plus cities,” he added.
Founded in 2020 by Abhishek Dua and Shubham Gupta, Showroom B2B is a B2B apparel marketplace, which caters to small retailers and wholesalers in cities across India.
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