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Geniemode Secures $50 Million in Series C Funding to Fuel Global Expansion

Staff

February 25, 2025

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Mumbai-based apparel sourcing startup Geniemode has raised $50 million in a Series C funding round led by Multiples Private Equity, with participation from Fundamentum, Paramark Ventures and InfoEdge Ventures. The company plans to use the fresh capital to accelerate its global expansion and further develop its technology platform.

Founded in 2021, Geniemode operates a B2B platform that connects small and medium-sized manufacturers with international buyers. The platform facilitates direct interaction between buyers and manufacturers, enabling seamless product customization and real-time delivery tracking. This innovative approach has positioned Geniemode as a key player in the global apparel sourcing industry.

With the new funding, the startup aims to strengthen its presence in existing markets while exploring opportunities in new regions. The investment will also support the enhancement of its tech infrastructure, ensuring a more efficient and user-friendly experience for its growing customer base.

Geniemode's CEO expressed optimism about the future, stating, "This funding marks a significant milestone in our journey to revolutionize the apparel sourcing industry. We are excited to expand our reach and continue empowering manufacturers and buyers worldwide."

The latest round brings Geniemode's total funding to over $80 million, reflecting strong investor confidence in its business model and growth potential. As the company scales, it is poised to make a lasting impact on the global supply chain landscape.

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