India-based B2B textile manufacturing startup Fantail has successfully raised ₹13.75 crore (US$1.6 million) in seed funding to fuel its growth and operations. The funding round was led by Riverwalk Holdings, along with participation from Incubate Fund Asia and All in Capital.

Founded in 2023 by Ramya Iyer, Fantail focuses on designing and manufacturing man-made fabric (MMF) products specifically tailored for enterprise fashion retail. With the fresh capital infusion, the company plans to strengthen its operational capabilities within Surat’s MMF ecosystem, with targeted investments in process optimization, advanced machinery, and key talent acquisition.

Fantail operates on an integrated supply chain model, managing the entire production journey from yarn to finished garment. By closely collaborating with weavers, mills, and processors, the startup aims to enhance operational efficiencies across the value chain.

The company’s long-term vision includes supporting SMEs within the textile sector to meet the increasing demand for MMF products from India’s rapidly growing organized fashion retail market.