Fashinza co-founder Pawan Gupta exits as revenue collapses from Rs 33 cr to Rs 6 cr
Pawan Gupta has quit the WestBridge and Prosus-backed B2B apparel supply chain startup to pursue AI ventures, leaving Abhishek Sharma as sole CEO. Fashinza's revenue cratered from Rs 33 cr in FY22 to Rs 6 cr in FY25 amid heavy restructuring, though the Gurugram firm flipped to a Rs 1 cr profit from a Rs 5 cr loss.
What happened
Fashinza co-founder Pawan Gupta has exited the B2B apparel supply chain startup to explore AI ventures, leaving Abhishek Sharma as sole CEO. Revenue fell from
Key facts
- $120M raised
- Revenue Rs 33 cr FY22
- Revenue Rs 6 cr FY25
- Profit Rs 1 cr FY25
- Loss Rs 5 cr FY22
Why this matters
Fashinza's restructured, lean, and now single-CEO posture with depressed revenue makes it a potential acquihire or distressed asset play for larger apparel sourcing platforms looking to absorb its tech and supplier network.