Team Startupcity

• Fantail raises Rs 13.75 Cr seed funding to modernize Surat’s MMF textile manufacturing.
• Founded by Ramya Iyer, the startup connects weavers to fashion retailers with end-to-end B2B solutions.
• Funds to be used for machinery upgrades, SME partnerships, and tech-driven operational efficiency.

Fantail, Surat-based B2B textile startup, has raised Rs 13.75 crore ( $1.6 million) in seed funding led by Riverwalk Holdings, Incubate Fund Asia, and All In Capital.

Founded in 2023 by veteran of the textile industry Ramya Iyer, Fantail is set to revolutionize the MMF (man-made fiber) manufacturing ecosystem. The startup brings all the important stakeholders of the textile value chain from weavers and mills to processors and finishing units under one roof with end-to-end production capabilities from yarn to finished fabric.

The recently mobilized capital shall be invested to replace factory equipment, improve backend operations, and deepen alliances with local SMEs in Surat. Fantail also intends to increase the strength of its team by adding talent in design, quality control, and technical positions.

“In B2B, timing is everything. With over a decade of experience in the Surat textile ecosystem, I believe the next few years are crucial for Manufacturing 2.0,” said Ramya Iyer, Founder of Fantail. “With scale, efficiency, and the right team, we’re confident we can build a globally respected MMF brand from Surat.”

Fantail serves enterprise customers in value, premium, and luxury segments, acting as an tech-enabled connector between small-scale producers and big fashion retailers. Fantail is also working on developing proprietary digital tools to streamline processes and react quicker to shifting demand.

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Riverwalk Holdings' Jai Sumer Singh added, "There's no brand in existence today that is synonymous with quality and design in this segment. Fantail can bridge that gap through innovation centered around customers and standardization."

Incubate Fund Asia's partner Rajeev Ranka said, "Fantail is introducing digital reliability to a long-standing fragmented supply chain. That's a game-changer for MMF manufacturing."

Aditya Singh, Partner at All In Capital, opined, "Ramya has unparalleled domain knowledge and vision clarity. Her vision for transforming Surat's heritage infrastructure is what's so exciting about Fantail."