When it comes to the business landscape, the B2B sector has undergone a significant transformation, with unbranded showrooms gaining prominence. Specifically, unbranded showrooms are quickly becoming one of the favored platforms between manufacturers and retailers to maximize their profit.
Besides maximizing profit, unbranded showrooms help businesses grow, learn, and sustain in the competitive business landscape. Showroom B2B is a platform that has collaborated with over 500 garment manufacturers and 3,000 retailers and is becoming the leading player in the market.
Founding Story of Showroom B2B:
A B2B platform for unbranded garments, Showroom B2B, is a supply chain business in the fashion category that combines digital and physical markets, intending to deliver exceptional propositions to manufacturers and retailers. In addition, Showroom B2B provides the business with the required tools and insightful data that help them to sell more and grow faster.
Unbranded showroom B2B was introduced by Abhishek Dua and Shubham Gupta in 2020. IIM Lucknow graduates Abhishek Dua and Shubham Dua had the vision to transform the traditional B2B commerce industry where the businesses must not look for the brand name but instead consider the quality to see if the product suits them.
Speaking about Showroom B2B’s mission, they are working towards simplifying the entry of small businesses who want to work in the clothing industry. So, more and more retailers or manufacturers connect with the right buyers. This way, the buying and selling process will automatically be more efficient and effective.
Fundings of Showroom B2B:
Showroom B2B has collaborated with over 3,000 clothing retailers and 500 manufacturers, helping small businesses with simplified transactions along with doorstep deliveries. Recently, Showroom B2B successfully raised $6.5 million in a Pre- Series A funding round headed by Singapore-based- Jungle Ventures along with some other participants, such as Saison Capital ICMG Partners and Accion Venture. Many current strives, including Titan Capital, Gemba Capital, Alteria Capital, and Stride Ventures, have also shown their participation in the first round.
It’s worth mentioning that in January, the Showroom B2B platform collected $ 1.35 million during its seed funding round. In 2021, the brand has also scooped up $ 180,000 during its angel round.
According to the founders, Showroom B2B plans to use the funds raised to scale its phygital distribution model and set up additional stores in various parts of India. Plus, the Unbranded Showroom B2B is also working towards boosting its private labeling capabilities to offer affordable fashion to retailers in Tier II cities and beyond.
Future Outlook of Showroom B2B
Unbranded Showroom B2B is becoming one of the favored platforms between manufacturers and retailers to maximize their profit. Founded by IIM Lucknow graduates Abhishek Dua and Shubham Dua, such a platform has successfully collaborated with over 500 garment manufacturers and 3,000 retailers. With substantial funding and a mission to simplify entry into the clothing industry for small businesses, Showroom B2B is poised for continued growth and success. Unbranded showrooms are here to stay, offering a more efficient and effective way for businesses to thrive in a competitive market.
