Vijay Sharma, CEO of Fabriclore, said, “Our key differentiator is streamlining complex multi-stage fabric processing that includes dyeing, screen printing, digital printing, and block printing techniques. By implementing tech-enabled processes, the company has substantially reduced delays by 20 percent and customer rejections by 33 percent, setting a new benchmark in the industry. On the other end, 50 to 60 percent of the product development cost of a fashion brand is attributed to fabric sourcing alone across multiple different vendors for each garment collection that they develop.” Between 2016 and 2022, Fabriclore developed India’s largest modern retail brand, featuring a catalogue of 10,000 SKUs from over 550 suppliers nationwide, as per a company statement. The company claims to ensure traceability and authenticity through direct partnerships with leading mills and yarn suppliers. As per a company statement, Fabriclore is poised to triple its MRR within 1 year and supply 50 lakh meters of fabric annually to fashion brands globally.
sekar nallalu Corporate,Cryptocurrency Fabriclore Raises $1.6 Million Led by PeerCapital, Regal Group
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