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Lightspeed leads Whizzo’s $4.2 million seed fundraise


Whizzo, a supplies science manufacturing firm centered on engineered style and technical textiles, has raised $4.2 million (about Rs 36 crore) in a seed funding spherical led by international multi-stage enterprise capital agency Lightspeed. The spherical additionally noticed participation from South Asia and India-focused enterprise fund Beenext.

The funds might be used for supplies science analysis and improvement (R&D), establishing a design lab for fashion-engineered textiles and strengthening its provide chain infrastructure in India, Vietnam, China, Bangladesh and Indonesia, the corporate stated.

“Transferring ahead, we wish to goal the US market, which has a really subtle demand not just for clothes textiles but in addition for medical textiles,” founder Shrestha Kukreja advised ET. “For these two segments, we purpose to aggressively increase and improve our capabilities for the US market. Moreover, we’re launching a design lab facility the place clients can expertise and choose textile blends, decreasing their execution timeline from two years to simply at some point.”

Based in 2024 by Kukreja, the Bengaluru-based startup specialises in engineered and technical textiles, utilizing woven, non-woven and composite applied sciences to supply options throughout industries comparable to medical textiles, packaging textiles, industrial textiles and clothes textiles.


It develops blends of textiles together with cellulosic and polymer-based fibres, customised for varied industries.

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Based on Kukreja, the startup is presently serving greater than 25 purchasers, with plans to onboard over 100 extra clients throughout areas together with South America, West Asia and Africa, and now increasing into Europe and Japan. “We’re very severe about European markets for high-performance and sturdy textiles throughout varied purposes,” he stated. “One significantly vital section for us is sustainable textiles. It is because textiles, globally, are one of many largest contributors to the carbon footprint. Subsequently, sustainable and accountable textiles are main segments we wish to double down on for the European and Japanese markets.”

Commenting on the funding, Romit Mehta, vice president-investments, Lightspeed stated, “Technical textiles and man-made fibres symbolize the way forward for the textile market. India is poised to turn out to be a world epicentre of innovation on this sector, pushed by robust authorities help and visionary entrepreneurs.”

Saksham Pant, principal, Beenext, stated, “India’s textile trade is one among its oldest, and therefore calls for innovation to fulfill trendy challenges like sustainability and effectivity. Whizzo is main this transformation by superior expertise and eco-conscious practices.”