Introduction:
The apparel manufacturing industry in India is one of the largest globally, contributing significantly to the country’s economy and serving as a critical sourcing destination for global fashion brands. However, despite its scale and potential, the sector remains plagued by inefficiencies such as fragmented supply chains, inconsistent quality, slow turnaround times (TATs), and high costs. These challenges make it extremely difficult for international brands to procure apparel seamlessly and reliably from India. The complexity of navigating these inefficiencies often results in missed deadlines, increased costs, and damage to the reputation of fashion brands.
For global fashion brands operating in highly competitive markets, procurement issues have far-reaching consequences. Delayed delivery and inconsistent quality lead to lost sales and dissatisfied customers, while navigating a fragmented supplier base requires significant time and effort. Brands are increasingly seeking solutions that not only provide high-quality manufacturing but also streamline the entire sourcing process from design to delivery.
Loomiz addresses this gap with an innovative, three-step process: Share, Customize, and Pay. This simple yet powerful model enables global brands to share their designs, customize their orders, and make payments while Loomiz handles everything else—from manufacturing to on-time delivery. As a one-stop shop for apparel procurement, Loomiz leverages its extensive network of factories to offer faster TATs, real-time tracking, and consistent quality. This ensures a seamless experience for brands, empowering them to focus on their core business while Loomiz takes care of the operational complexities.
The founding team of Loomiz is uniquely positioned to drive this transformation. Both Manith Reddy and Gagan Singhvi are graduates of NIFT Mumbai and have extensive experience in the fashion manufacturing industry, having managed orders worth $100 million and $60 million respectively during their time at Groyyo, a leading B2B fashion startup. Shanmukh Poladi, a CS graduate from NIT Bhopal, brings cutting-edge technical expertise, having worked on core operating systems at Samsung and conducted AI research at IIT Delhi. Together, the team combines deep domain knowledge in apparel manufacturing with technological innovation, positioning Loomiz as a game-changer in the global fashion sourcing space.
Market Opportunity:
The global apparel market is valued at over $1.5 trillion, with India emerging as a key sourcing destination due to its cost advantages and skilled labor force. However, the market remains largely fragmented, with small-scale manufacturers struggling to meet the quality and efficiency expectations of global brands. According to industry reports, inefficient supply chains and inconsistent quality result in a 30% higher cost of procurement for global brands sourcing from India.
Loomiz targets this untapped opportunity by streamlining the sourcing process for global mid- to large-scale fashion brands, offering solutions that reduce turnaround times and enhance manufacturing efficiency. Additionally, the platform’s real-time tracking and superior quality assurance position it as a preferred partner for brands seeking reliability and transparency in their supply chains.
With the rise of fast fashion and increasing consumer demand for sustainable and cost-efficient apparel, Loomiz is positioned to capitalize on the growing shift toward streamlined, tech-enabled sourcing solutions. The company’s ability to combine network strength with operational excellence ensures a significant competitive advantage in this market.
100X.VC Thesis:
Loomiz investment appeal lies in its capacity to streamline procurement, shorten production timelines, and optimize costs across functions. Their approach combines technology-driven transparency addressing the sector's high fragmentation and inefficiencies.
Backing the founders is an opportunity in a scalable model with potential for substantial network effects. Its growth trajectory can be further enhanced by recurring revenues, a diverse client base, and making the team a compelling addition to any high-growth, industry-disrupting portfolio.
Conclusion:
Loomiz is transforming the way global fashion brands procure apparel from India by addressing long-standing inefficiencies in the supply chain. Its streamlined three-step process—Share, Customize, and Pay—simplifies procurement, ensuring faster turnaround times, real-time order tracking, and superior quality. This not only improves operational efficiency but also enhances the profitability and reputation of the brands it serves.
With a strong founding team that combines domain expertise in apparel manufacturing and cutting-edge technology, Loomiz is well-positioned to become a leading manufacturing partner for global fashion brands. As the apparel industry continues to grow and global brands seek more reliable sourcing partners, Loomiz stands out with its innovative approach and scalable model. The company’s ability to deliver superior quality and efficiency makes it a compelling investment opportunity in the rapidly evolving global fashion manufacturing space.
