SupplyCompass, the UK-based fashtech company — which helps fashion brands tie up with their manufacturers and drive sustainable practices — is all set to expand its India operations. As part of the expansion, it plans to hire at least 200 people across functions, even as it signs on new brands to its platform, over a period of a year to 18 months.
India will serve as a strategic hub as it expands operations into the South East Asian regions.
Gus Bartholomew, co-founder and CEO, SupplyCompass, believes India is a rapidly-growing fashion market, with more global brands looking to launch here. “This is likely to create a ripple effect on the manufacturing side of the business too. We anticipate ‘Make in India’ and Atmanirbhar Bharat to give momentum to India’s fashion and textile landscape, making India the most important market for SupplyCompass,” says Bartholomew.
Bartholomew, along with co-founder Flora Davidson, spent two years in India to build the business on the ground, researching and meeting more than 300 manufacturers and suppliers.
The sustainable product development and delivery software for fashion supply chains, enables real-time collaboration between fashion brands and manufacturers, which helps bring collections to the markets faster without compromising the quality of the end product.
Presently, the platform is working with globally-known brands, including BCorp in the UK. The SupplyCompass software has been successfully deployed across supply chains in Europe, America and Asia.
SupplyCompass has the backing of some of Europe and India’s leading venture capital firms and has managed to raise 2.5 million GBP in funding till date.
With offices in Hyderabad and London, its supply chain collaboration software, which was launched in January 2020 releases new features every four to six weeks.