Unitus Seed Fund has invested in Urban Tailor - a Bengaluru-based, customised, e-tailoring service.
Mr. B. S. Nagesh, founder of TRRAIN (Trust for Retailers and Retail Associates of India) and former MD, Shoppers Stop also participated in this investment round.
Currently pegged at approximately $9.2 billion, India’s highly fragmented tailoring industry has several visible gaps. While on one hand the customers struggle with unsatisfactory fitting/stitching, unpredictable delivery times and lack of customisation; on the other, irregular demand-supply restricts local tailors from expansion thereby leading to low, unpredictable incomes.
Urban Tailor solves this problem through its tech that seamlessly manages orders end-to-end and by aggregating a network of local, small tailoring units who fulfil the growing demand generation and are thus, assured of a predictable income flow.