2023
Surat (India)
Seed
Fantail is a Surat-based B2B textile innovator building an integrated supply chain for man-made fibre (MMF) textiles. The company connects fragmented small-to-medium enterprises (SMEs) to enterprise fashion retailers through tech-enabled production systems. Man-made fibre (MMF) textiles for fashion retail, serving value, premium and luxury segments across India.
Textile Manufacturing: Design and production of MMF fabrics (viscose, nylon, polyester) for enterprise retailers.
Supply Chain Integration: Collaboration with 50+ Surat SMEs to consolidate weaving, milling, processing and value-addition workflows.
Tech Infrastructure: Proprietary systems for traceability, demand forecasting and quality control analytics (currently under development).
Design & Sampling: Dedicated facility in Gurgaon for rapid prototyping and customer-specific solutions.
Revenue Model: Transaction fees from B2B fabric/garment sales to retailers, coupled with margin-sharing agreements with partner SMEs.
Customer Segmentation: Exclusively B2B, targeting large enterprise fashion retailers across India’s value-to-luxury segments.
Geographic Focus: India-centric (Surat ecosystem), with expansion plans across Asia and MENA markets.
Strategic Investors
Riverwalk Holdings: Supply-chain tech expertise.
Incubate Fund Asia: Emerging-market manufacturing scaling.
All In Capital: Operational efficiency optimization.
$1.6M seed deployment: Upgrading partner machinery, hiring design/QC talent, and backend tech development.
Market Expansion: Scaling across Asia and MENA via replicable production networks.
Risks: Surat’s legacy inefficiencies (fragmented labor, outdated tech) and volatile MMF input costs.
Targets: Capture 5-7% of Surat’s $40B textile revenue by 2027; become a "globally recognized MMF brand”.
$1.6 Million
1
$1.6 Million, Seed
as of June 24, 2025
-
as of N/A
-
as of N/A
Riverwalk Holdings
and 2 more6
N/A
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
June 24, 2025 | Seed | $1.6 Million | - | - | - | Riverwalk Holdings, Incubate Fund India, All In Capital |