Fantail, a Surat-based B2B textile manufacturing startup, has raised ₹13.75 crore (approximately $1.6 million) in a seed funding round led by Riverwalk Holdings, Incubate Fund Asia, and All In Capital. This marks the company’s first institutional round since its inception.
The capital will be deployed to support SME partners in Surat, focusing on enhancing their capabilities for efficient, large-scale production.
Founded in 2023 by Ramya Iyer, Fantail takes an end-to-end approach to textile manufacturing by directly engaging with weavers, mills, and processors — managing operations from the yarn stage to finished garments.
“In B2B, timing is of great significance. I have personally worked with the Surat ecosystem for a decade, and in the coming years, we will see a lot of action in manufacturing 2.0 here,” said Iyer.
Leveraging Iyer’s decade-long experience with Surat’s textile supply chain, Fantail aims to modernize traditional production processes. The startup emphasizes a structured operating model that it claims leads to faster turnaround times, enhanced quality control, and lower capital inefficiencies — key challenges in the fragmented B2B manufacturing sector.
The investment highlights growing investor interest in manufacturing-tech startups and the potential of India’s textile hubs to evolve into globally competitive ecosystems through technology and supply chain innovation.
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