People · Commerce & Consumer Brands

Fashinza cofounder Pawan Gupta steps down as CEO

What they do

Fashinza runs a tech-driven B2B platform connecting fashion brands with manufacturers

Cofounder and CEO Pawan Gupta stepped down in December 2025 to explore an AI venture

Abhishek Sharma is now the sole founder and CEO; the company turned operationally profitable in late FY26

Pawan Gupta, cofounder and CEO of Fashinza, has stepped down from the company to pursue a new venture in artificial intelligence.
He became non-operational at Fashinza in 2025 and officially left in December 2025.
Gupta is currently on a break and has not finalised his new venture yet.
He is exploring AI applications in healthcare, ecommerce enablement, logistics, and marketing.
He wants to build the venture from India and target global markets, especially the US.
Abhishek Sharma, the other cofounder, is now the sole founder and CEO of Fashinza.
Fashinza confirmed that Gupta's exit was a personal decision and not linked to the company's business performance.

Fashinza has undergone a pivot from a tech-led supply chain platform to a manufacturing-focused business over the past two years.
The company faced challenges around 2023 including a global fashion slowdown, funding winter, and weak demand from global apparel brands.
Fashinza's revenue declined from ₹33 Cr in FY22 to ₹6 Cr in FY25, though it turned profitable in FY25 with ₹1 Cr profit.
The company acquired rival Qckin as part of its expansion and profitability efforts.

Fashinza is an AI-enabled, tech-driven B2B apparel manufacturing platform.
It connects fashion brands with manufacturers, managing the entire process from design to delivery.
The company operates a supply chain platform that helps brands source apparel efficiently.
In FY25, about 70% of its revenue came from the US; in FY26, the mix shifted to 40% US and 40% Europe, with growing business in India.
Fashinza turned operationally profitable towards the end of FY26 and was profitable in the last quarter, though overall FY26 was still in the red.
The company has an estimated runway of ~36 months and does not plan to raise fresh equity for at least the next six months.

Fashinza aims for ₹250 Cr revenue in FY27 and a profitable year.
The company does not plan to raise fresh equity for at least the next six months.