Navo raises Rs 8 Cr in seed round led by IndiaQuotient

Navo, an AI-powered B2B fashion wholesale marketplace, has raised Rs 8 crore in a seed funding round led by IndiaQuotient, with participation from Antler. 

The round builds on earlier backing from DeVC, Bharat Founders Fund, and marquee angel investors. The proceeds will be used to expand retailer acquisition, enhance AI-driven trend prediction, and strengthen supply chain operations.

Founded by Suparn Goel and Anshul Singhal, Navo is reimagining how small-town retailers source trending fashion. 

By using a proprietary AI engine that scans 10,000 YouTube videos and 5 lakh images monthly, the platform identifies emerging trends, whether an Alia Bhatt saree or Mahakal T-shirt, before they hit the mainstream. 

Retailers can order from over 5,000 curated designs added every month, with doorstep delivery in 7–10 days. It has onboarded 50,000 retailers across 250 districts, delivering sarees, suits, jeans, and T-shirts with a 50% repeat purchase rate within 30 days. 

To replicate the offline experience, Navo offers live video shopping, reels-led discovery, and agent-assisted calls, making the digital wholesale experience intuitive and interactive.