What is Fabriclore?
Founded in March 2016 and based in Jaipur, Fabriclore specializes in designing, developing, and curating modern and traditional Indian fabrics, dupattas, stoles, suits, and home furnishings. The company aims to revive India's vibrant textile heritage by bringing these traditional crafts to an online platform, collaborating with indigenous designers to offer a contemporary avatar of these rich cultural elements. Fabriclore's business model focuses on bridging the gap between traditional artisans and a global online market, ensuring the preservation and promotion of India's diverse textile artistry.
How much funding has Fabriclore raised?
Fabriclore has raised a total of $2.3M across 2 funding rounds:
Series A
$700K
Unspecified
$1.6M
Series A (2021): $700K with participation from Mulberry Silks, Fluid Ventures, and Eiffel International Industry
Unspecified (2024): $1.6M led by PeerCapital and Regal Fabrics
Key Investors in Fabriclore
Mulberry Silks
Mulberry Silks is a UK-based, family-run business with over 30 years of experience in silk products and art supplies, offering a range of silks, paints, and related materials. Their involvement suggests a strategic interest in textile supply chains and artisanal crafts.
PeerCapital
PeerCapital is a venture fund that supports seed to Series A startups, particularly in technology sectors like consumer-tech, SaaS, and fintech, providing capital and hands-on support. Their investment in Fabriclore indicates a focus on digitally-enabled consumer businesses with strong growth potential.
Regal Fabrics
Regal Fabrics is a textile converter specializing in upholstery fabrics, known for custom digital printing and performance textiles. Their participation may indicate a strategic alignment in fabric sourcing, design, or market access within the broader textile industry.
What's next for Fabriclore?
The recent major strategic investment signals Fabriclore's readiness for its next phase of expansion, likely focusing on scaling its operations, enhancing its digital platform, and potentially broadening its product categories or geographical reach. This capital infusion will be crucial for strengthening its supply chain, investing in marketing initiatives to capture a larger market share, and further developing its unique value proposition of offering authentic Indian textiles with a contemporary appeal. The company's ability to attract significant backing indicates strong investor confidence in its business model and its potential for sustained growth in the e-commerce and home decor sectors.
See full Fabriclore company page