SourceEasy

An online platform to manage, source, and scale apparel manufacturing

Last Funded November 2014

$76,000

raised from 26 investors

Highlights

1
May Sales: $63K --> September Sales: $341,000
2
50% margins
3
Save customers 20%-60% on production
4
Acquired custom apparel company Abbeypost

Our Team


Slides

How Mumbai-based Sourceasy made it to the latest batch of 500 Startups

By Jubin Mehta, of YourStory

It’s no news that 500 Startups has been bullish on India and has been investing aggressively over the last couple of years with Pankaj Jain leading the show here. The latest batch of 29 has three Indian companies — Interview Master, Targeting Mantra and Sourceasy. Talking about the new batch, Pankaj Jain says, “The quality of companies coming from India has significantly improved. Many startups getting into our accelerator are showing strong early traction and are focused heavily on sales.”

Founded by Pranay Srinivasan, Sourceasy is a tech-enabled web platform to source custom apparel, and the startup has had an interesting journey till now.

We had earlier written about how Pranay was building Sourceasy against odds and now the idea has found validation from customers as well as investors. At heart, Pranay believes Sourceasy to be a hybrid — a technology company with a sourcing DNA. A Deloitte report on retail, states that private label apparel is a $1 trillion market globally and this is where Sourceasy places itself.
Sourceasy can be basically used for creating custom merchandising programs with custom fabrics sourced on the client’s behalf to produce orders on demand in under four weeks with air freight deliveries for immediate requirements.

Continue reading on YourStory

Overview