Design-led apparel sourcing platform Geniemode raises $50 million in a Series C round

Geniemode, a design-led apparel sourcing platform for global retailers, has secured $50 million in a Series C funding round led by Multiples Alternate Asset Management, with participation from Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures.

The investment will fuel Geniemode’s global expansion and enhance its technology-driven supply chain solutions.

The startup will also use the funding to enter new markets and territories, further strengthening its position as a global sourcing partner for large brands and retailers.

What does Geniemode do?

Founded by Amit Sharma and Tanuj Gangwani, Geniemode is redefining the global sourcing landscape with its technology-driven, asset-light model.

The startup provides global brands and retailers with a seamless, transparent, and highly efficient supply chain, enabling them to optimize sourcing strategies, reduce costs, and accelerate speed to market.

Geniemode's market presence

Geniemode said it has offices in New York, London, Barcelona, China, Bangladesh, and India. Notably, the startup has built an international presence that allows brands to source efficiently across multiple geographies.

Its end-to-end capabilities, from trend-driven design intelligence to optimized manufacturing and delivery, help brands expand their product offerings while maintaining high-quality standards and production agility with a commitment to ethical sourcing and sustainable manufacturing.

"At Geniemode, we are redefining global sourcing by seamlessly integrating technology, AI-driven design innovation, and a sustainable, agile supply chain to help brands and retailers stay ahead of the curve. This investment accelerates our mission to build the most efficient, transparent, and scalable sourcing ecosystem, empowering brands with AI-powered design capabilities, speed, flexibility, and responsible sourcing solutions," said Amit Sharma, Co-Founder & CEO of Geniemode.

According to Tanuj Gangwani, Geniemode will close FY2025 at $140mm+ GMV with +ve EBITDA run-rate of over $2 million.

"We are excited to partner with Multiples, Fundamentum and Paramark and to leverage their deep expertise in scaling high-growth Press Release businesses. With this round, we intend to scale to new geographies and take the Company public in coming years," Gangwani added.