Showroom B2B raises Rs 150 Cr in Series A round led by Cactus Partners

Showroom B2B, a supply chain platform in the fashion and apparel sector, has raised Rs 150 crore (around $17 million) in a Series A funding round led by Cactus Partners. The round includes a mix of equity and debt.

New investor Zephyr Peacock participated in the round, while existing investors Jungle Ventures, Accion Venture Lab, and NBD Ventures also followed on. 

Earlier in October 2023, Showroom B2B had raised $6.5 million in a pre-Series A funding round led by Jungle Ventures with participation from Accion Venture Lab and others.

The fresh capital will be used to expand its technology-led supply chain, strengthen enterprise partnerships, and scale manufacturing and sourcing capabilities across India. 

It will also support platform enhancements to manage more complex sourcing requirements from large-format and institutional retail customers.

Showroom B2B is a Gurugram-based, tech-enabled apparel sourcing and manufacturing platform. Founded by Abhishek Dua and Shubham Gupta, the firm provides an integrated design-to-delivery sourcing model for organised retailers, apparel brands, and buying houses in India and overseas.

The platform works across categories such as denim, knits, woven apparel, and kidswear, combining its own manufacturing units with a network of audited partner factories. 

This marks the 12th investment from Cactus Partners’ maiden fund. In February 2024, the VC firm had announced the final close of its first fund. The fund has secured a total corpus of more than Rs 630 crore.