Prosus Ventures and Westbridge led a $100m Series B funding round in Fashinza.

Prosus Ventures, a venture capital, and Westbridge, a private equity firm, led a $100m Series B funding round in Fashinza, an AI-driven B2B marketplace and real-time global supply chain platform, with participation from Accel, Elevation, ADQ, Naval Ravikant, Jeff Fagnan, Jake Zeller and Nitesh Banta. “The issues of the fashion industry supply chain have faced some unique challenges in the past few years that have also made the sector ripe for disruption. The Fashinza team has responded with agility, evolving to offer tech-based solutions beyond the traditional channels. We are confident about the team’s capability as they look to scale further, and are delighted to partner with their mission,” Ashutosh Sharma, Prosus Ventures Head of Investments.