Fashinza Raises $30 Million in Debt from Mars Growth Capital and Liquidity Group

Supply Chain
Written By Rick Watson

Fashinza is an AI-driven B2B marketplace for global fashion supply chains.

Fashinza is an Indian-based marketplace that brands find and use new textile suppliers.  The company claims to use technology to match the brand with vetted suppliers, a platform for managing supplier relationships, and provide 45-day turnaround on designs.  It’s unclear what percentage of the funding is equity, but likely a small part given the focus on lending by the funders.

Crowdfund Insider: Mars Growth Capital, Liquidity Group Provide $30M in Funding to Fashinza, an AI-enhanced Marketplace for Fashion Supply Chains

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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Edited Raised $15 Million