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Funding news

B2B fabric marketplace Fabrito secures funding from Green Trunk 

Fabrito, a B2B fabric marketplace and sourcing platform, has secured funding from Green Trunk Ventures and OYO’s Maninder Gulati joining as an angel investor, among others. 

The company will deploy the funds to strengthen its technology infrastructure, which includes a software-as-a-service (SaaS) platform for ready fabric suppliers and a fabric sourcing platform for fashion brands and garment manufacturers. 

Founded in 2023 by Naresh Dhaka, Pushpendra Singh and Mayank Narain, Fabrito will also direct a portion of its funds to hire sales and supply resources to cultivate deeper relationships within Indian textile hubs. 

Other news

inDrive partners with Evera Cabs to launch EV fleet with women drivers

Mobility and urban services platform inDrive has partnered with electric cabs service provider Evera Cabs to launch an EV fleet for women drivers. 

The partnership is part of inDrive’s DrivingNaari programme to empower women by giving them opportunities to create a career in the field of driving. 

(This copy will be updated with the latest news throughout the day.)