Surat-based B2B textile manufacturing startup Fantail has raised ₹13.75 crore (approx. $1.6 million) in a Seed funding round led by Riverwalk Holdings, Incubate Fund Asia, and All In Capital.
The round marks Fantail’s first institutional raise, a significant milestone for the young startup founded in 2023 by textile industry veteran Ramya Iyer.
The fresh capital will be used to invest in partner SMEs across Surat, helping them scale capabilities, adopt efficient production systems, and integrate into Fantail’s streamlined manufacturing ecosystem.
With a decade-long track record of working with Surat’s vibrant but fragmented textile supply chain, Iyer saw an opportunity to bring structure and scalability to India’s textile capital.
“In B2B, timing is everything. Surat is ready for Manufacturing 2.0, and our platform is built to lead that change,” said Ramya Iyer, founder of Fantail.
Fantail partners directly with weavers, mills, and processors, managing the entire supply chain from yarn to finished garments. Its approach improves turnaround times, enhances quality control, and reduces capital inefficiencies — all major challenges in traditional textile operations.
As India looks to modernize its textile base and take on global orders, startups like Fantail are positioning themselves at the intersection of tech, design, and decentralized manufacturing — turning local capacity into global capability.
