Fashinza co-founder Pawan Gupta exits as revenue craters from Rs 33 cr to Rs 6 cr
WestBridge, Prosus and Accel-backed B2B fashion supply-chain startup Fashinza loses co-founder and former CEO Pawan Gupta, leaving Abhishek Sharma as sole founder-CEO. The $120M-funded firm has seen revenue collapse 82% from Rs 33 cr in FY22 to Rs 6 cr in FY25.
What happened
Fashinza co-founder and former CEO Pawan Gupta has quit the WestBridge-backed B2B fashion supply-chain startup, leaving Abhishek Sharma as sole founder-CEO.
Key facts
- $120M raised
- Rs 33 cr FY22 revenue
- Rs 6 cr FY25 revenue
Why this matters
Fashinza's distressed trajectory and lone-founder structure could make it an opportunistic tuck-in target for larger apparel sourcing platforms seeking its tech stack, supplier network, or remaining cash.