Geniemode, a leading design-led apparel sourcing platform, has raised over $50 million in its Series C funding round. The investment was led by Multiples Alternate Asset Management, with participation from Fundamentum, Paramark Ventures, and returning investor Info Edge Ventures. This funding will support Geniemode’s global expansion and enhance its technology-driven supply chain solutions.

Fueling Growth with Technology and Market Expansion

With this latest investment, Geniemode aims to enter new international markets and bolster its presence as a trusted sourcing partner for major global retailers. The company’s asset-light, technology-driven model is designed to provide an efficient and transparent supply chain that optimizes sourcing strategies. By leveraging data-driven insights and artificial intelligence, Geniemode enables brands to reduce costs while accelerating their speed to market.

A Disruptive Force in the Apparel Sourcing Industry

Founded by Amit Sharma and Tanuj Gangwani, Geniemode is reshaping the traditional apparel sourcing landscape. Its innovative approach integrates design intelligence, optimized manufacturing, and ethical sourcing practices to meet the evolving demands of global retailers. The company’s ability to offer scalable, sustainable, and agile solutions has positioned it as a key disruptor in the $82 billion cross-border fashion industry.

A Strong International Presence

Geniemode has established a robust footprint across multiple geographies, including New York, London, Barcelona, China, Bangladesh, and India. Its presence in these strategic locations allows brands to source efficiently while maintaining high-quality production standards. By offering end-to-end capabilities, the company helps retailers expand their product offerings while ensuring responsible and sustainable manufacturing practices.

Founders and Investors Share Their Vision

Amit Sharma, Co-Founder and CEO of Geniemode, emphasized the company’s mission to redefine sourcing by integrating technology, AI-driven design, and a sustainable supply chain. He highlighted that this investment would accelerate their goal of building a transparent, scalable, and efficient sourcing ecosystem. Sharma reaffirmed Geniemode’s commitment to innovation and sustainability as it continues to expand globally.

Scaling Profitably with Long-Term Growth Plans

Tanuj Gangwani, Co-Founder and CFO, shared that Geniemode has built a profitable business while achieving significant growth. The company is on track to close FY 2025 with over $140 million in GMV and a positive EBITDA run-rate exceeding $2 million. Gangwani noted that with this funding, Geniemode plans to expand into new geographies and set the stage for an eventual public offering.

Investor Confidence in Geniemode’s Potential

Multiples Alternate Asset Management’s Managing Director, Sridhar Sankararaman, highlighted the macro trends reshaping apparel sourcing and the importance of technology-driven solutions. He praised Geniemode’s founders for their deep industry expertise and their ability to deliver a 360-degree solution to global brands. Sankararaman expressed confidence in Geniemode’s asset-light model as an innovative approach that optimizes sourcing strategies across Asia.

Backing a Technology-First Solution in a Fragmented Industry

Ashish Kumar, Co-Founder and General Partner at Fundamentum, emphasized the company’s ability to address inefficiencies in the fragmented textile and apparel sector. He commended Geniemode’s rapid growth and its ability to streamline sourcing for over 200 global buyers and suppliers. Kumar noted that Fundamentum is eager to support Geniemode as it continues to redefine cross-border trade with technology.

Info Edge Ventures’ Continued Support

Kitty Agarwal, Partner at Info Edge Ventures, highlighted the firm’s early investment in Geniemode and its confidence in the company’s leadership. She pointed out that Geniemode’s AI-powered design platform has significantly reduced the time from ideation to manufacturing, allowing major retailers to onboard seamlessly. Agarwal stated that the new funding will enable Geniemode to pursue inorganic growth opportunities and capture a larger market share.

A Strong Financial Advisory Partnership

The Raine Group served as the exclusive financial adviser to Geniemode for this funding round. The firm played a critical role in facilitating the investment and ensuring strategic alignment among investors. With strong backing from experienced financial partners, Geniemode is well-positioned to accelerate its next phase of growth.

With this Series C investment, Geniemode is poised to expand its reach, enhance its AI-driven sourcing platform, and strengthen its position in the global apparel industry. The company remains focused on delivering high-quality, ethical, and efficient sourcing solutions to retailers worldwide. As it continues its upward trajectory, Geniemode is set to become an industry leader in transforming the global sourcing landscape.