Thimblerr raises $1.4 Mn led by Inflection Point Ventures

Thimblerr has raised $1.4 million in a bridge round led by Inflection Point Ventures with participation from 3one4 Capital, Mount Judi Ventures, Venture Catalysts and We Founder Circle. 

The Bengaluru based full stack fashion supply-chain platform will use the proceeds for customer acquisition, expanding into new categories and strengthening its supply-chain capabilities.

Founded in 2022 by IIT alumni Piyush Jalan and Rishav Papneja, Thimblerr provides tech enabled manufacturing and design support to fashion brands, helping them move from concept to production with shorter lead times. 

The company claims to cut the traditional 180 day cycle to 30–60 days and supports the creation of over 3,000 designs a month. It works with more than a dozen clients including Tata Trent, USPA, Snitch and The Souled Store.

The company is building a network of cloud factories supported by an more than 800 machine ecosystem and production systems powered by data. Thimblerr aims to position itself as an infrastructure layer for India’s fast fashion manufacturing industry, which is valued at around $5 billion and growing 25–30% annually. 

Co-founder Jalan said the company wants to bring speed, transparency and reliability to India’s fast fashion supply chain and connect global brands with trusted manufacturers.

IPV has invested over Rs 800 crore across 250 startups so far. It has launched a $50 million CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage start-ups. The fund has already deployed capital in six startups so far, with a few deals in advanced stages of pipeline.