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Surat-based B2B textile startup Fantail raises Rs 13.75 crore in a seed funding round

  • Surat-based startup Fantail has secured Rs 13.75 crore in seed funding from Riverwalk Holdings, Incubate Fund Asia, and All In Capital.
  • Founded in 2023 by Ramya Iyer, Fantail modernizes textile manufacturing through a B2B platform in the MMF segment.
  • The funding will be utilized for machinery upgrades, operational enhancements, and SME partnerships in Surat.
  • Fantail plans to expand talent acquisition and optimize processes to establish a globally recognized MMF brand.
  • The startup caters to enterprise clients across different fabric categories by bridging traditional SMEs and organized retail.
  • Fantail intends to develop software tools for operational efficiency and customer demand enhancement.
  • Riverwalk Holdings sees Fantail as a potential brand for quality and design innovation in the textile industry.
  • Incubate Fund Asia acknowledges Fantail as a digitizing force in the fragmented MMF supply chain, adding a reliability layer.
  • All In Capital values Iyer's industry expertise, recognizing her vision to modernize Surat's textile landscape.

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