Fantail, a B2B textile startup focused on man-made fibers, raises ₹13.75 crore in a seed funding round to establish itself as the leading MMF brand from Surat.
The funding round was led by Riverwalk Holdings, Incubate Fund Asia, and All In Capital. Fantail aims to enhance operational capabilities, backend technologies, partner manufacturing units, and attract talent.
Fantail plans to modernize the Surat MMF supply chain by collaborating with weavers, mills, and processors to improve quality, scale, and capital efficiency.
The startup intends to revolutionize MMF design and manufacturing processes, develop proprietary product lines for enterprise fashion retailers, and focus on backend tech enhancements for better traceability and design collaboration.