B2B platform Fashinza raises $100 mn in funding led by Prosus, Westbridge

Fashinza, the B2B marketplace and real-time global supply chain for fashion brands and retailers, said it has raised a $100 million in Series B funding round led by Prosus Ventures (Naspers Ventures) and Westbridge along with participation from existing investors Accel, Elevation, and DisruptAD. The round also saw participation from angel investors Naval Ravikant, Jeff Fagnan, Jake Zeller, Nivi, and Nitesh Banta. The funding round is a combination of equity and debt financing.  

Fashinza will utilize the funds towards creating a sustainable supply chain for the global fashion industry and in expanding the company’s presence globally. This includes monetizing fintech offerings,