Home / Knowledge / News / Fashion / Increff to use fresh funds to enter global markets

Increff to use fresh funds to enter global markets

19
Aug '19
Pic: Increff
Pic: Increff
Increff, founded in August 2016 by former Myntra executives Rajul Jain, Anshuman Agarwal and Romil Jain, will use $3 million generated this year in the Series A funding to fuel the next phase of growth for entering global markets, expanding its domestic customer base and enhancing its product offering, according to chief executive officer Rajul Jain.

Increff is a technology and analytics enterprise that helps fashion and lifestyle brands improve inventory turns through smart merchandising and efficient fulfilment via single view of inventory.

Almost every brand and retailer in India is struggling with inefficient inventory and even large players or brand houses and retailers work on Excel models or plain vanilla auto replenishment systems, and there is hardly any intelligent solution in the market, Jain told Fibre2Fashion in an interview. (DS)

For the full interview, please click here.

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 19th Oct 2021

11 European nations seek ambitious measures to tackle waste in textile

Eleven European countries—Austria, Belgium, Denmark, Finland, France, ...

Pic: Shutterstock

Textiles | On 19th Oct 2021

Industrial units in Vietnam’s HCM City hit by labour shortage

Several Vietnamese industries, especially labour-intensive ones like...

Pic: Shutterstock

Textiles | On 18th Oct 2021

Global textile business may improve in next 6 months: ITMF

Business in the global textile industry is expected to improve in the ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Ujjval Saraf,

Ujjval Saraf

Founded by Jimmy Lai, Giordano International Ltd, a Hong Kong based...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Brad Holschuh, Wearable Technology Lab, University of Minnesota

Brad Holschuh
Wearable Technology Lab, University of Minnesota

A new study led by researchers at the University of Minnesota's Design of...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

<b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

Samant Chauhan, Samant Chauhan

Samant Chauhan
Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Anju Modi, Anju Modi

Anju Modi
Anju Modi

Filmfare Award winner for best costume designer,<b> Anju Modi </b>is...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search