What is Lal10?
Lal10 specializes in providing innovative and stylish apparel design, bespoke merchandising solutions, and top-quality fabric sourcing for brands. They offer comprehensive manufacturing services, including high-quality production and strict quality compliance, with a focus on transparency and traceability in the supply chain. Targeting brands looking to enhance their manufacturing capabilities, Lal10 supports the Made-in-India initiative with a technology-driven approach. Their commitment to sustainability ensures eco-friendly materials and processes, making them a reliable partner for businesses in the fashion industry.
How much funding has Lal10 raised?
Lal10 has raised a total of $6.2M across 3 funding rounds:
Other Financing Round
$1.1M
Series A
$4M
Debt
$1.1M
Other Financing Round (2020): $1.1M with participation from Mekin Maheshwari, Sorenson Impact, and Amit Ranjan
Series A (2022): $4M led by Yuj Ventures and Beyond Capital Ventures
Debt (2022): $1.1M supported by Spiral Ventures, Asymmetry Ventures, and Singularity Ventures
Key Investors in Lal10
Yuj Ventures
Yuj Ventures is an investment firm that has participated in Lal10's Series A funding round.
Beyond Capital Ventures
Beyond Capital Ventures is a diversified venture capital firm focused on emerging markets, particularly in India and East Africa, investing in early-stage companies catering to lower-to-middle income consumers.
Spiral Ventures
Spiral Ventures offers open source software solutions and builds Wordpress websites, participating in Lal10's debt financing.
What's next for Lal10?
With the recent strategic investment, Lal10 is poised for accelerated growth and enhanced operational capabilities. The company is expected to leverage this capital to further its technological advancements in manufacturing, expand its sustainable sourcing initiatives, and solidify its position as a key player supporting the Made-in-India movement. This funding will likely fuel expansion into new markets and deepen its partnerships with brands seeking high-quality, transparent, and eco-conscious apparel solutions.
See full Lal10 company page
