SUNDAR
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|
Revenues | 7.7m | 8.0m | 8.0m | 8.0m |
% growth | - | 4 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$100k | Convertible | ||
N/A | - | ||
$1.3m | Seed | ||
$1.6m | Early VC | ||
N/A | Early VC | ||
N/A | N/A | - | |
Total Funding | $3.0m |
Recent News about SUNDAR
EditSundar.io is a digital platform designed to revolutionize the fashion and garment supply chain by enhancing speed to market, responsiveness, and sustainability. The platform connects designers, sourcing professionals, and buyers at apparel retailers, wholesalers, and brands with global suppliers and manufacturers. Sundar.io addresses the fragmented and analogue nature of the current supply chain, which often takes 12 to 18 months to bring a garment product to market, with 60% of that time spent on raw materials sourcing and vendor development, vetting, and compliance.
The platform serves a diverse clientele, including designers who use it for sustainable and ethical sourcing, trend discovery, and collaboration on custom fabric and materials. Sourcing professionals leverage Sundar.io to mitigate factory and country risks, ensure new factory compliance, and locate factories with the necessary capacity and capabilities. By integrating blockchain technology, Sundar.io enhances transparency and compliance accreditation, making it easier to discover trends, materials, products, and supplier capabilities instantly.
Sundar.io operates in the global fashion and garment industry, targeting businesses that require faster speed to market and daily demand for new products while adhering to sustainability and transparency standards. The business model is likely subscription-based, offering various tiers of access to its platform's features and services. Revenue is generated through these subscriptions and possibly through transaction fees or premium services.
Keywords: fashion supply chain, sustainable sourcing, trend discovery, compliance accreditation, blockchain technology, designers, sourcing professionals, global suppliers, garment industry, digital platform.