Overview:

The textile industry in India is being dominated by unorganized sector and Small and medium industries.The present situation demands to upgrade and speed up the production processes, quality and supply chain system. However, very few garment companies operate on a large scale because of the lack of access to technology, finance and dexterity. In this scenario, Fabix Fashion has founded with a vision to create India’s largest industry-standard digital wholesale platform to support small and medium segment where the system driven concepts and technology innovations really lacks. Fabix Fashion is registered as private limited company founded by two young entrepreneurs who were having years of experience in textile, garments and fashion industry. The organization is presently incubated at Malabar Innovation Entrepreneurship Zone (Mizone), a startup incubation centre enabled and supported by Kerala Startup Mission, Govt. of Kerala.

Transforming the Industry we love

Fabix platform provide a true B2B marketplace for driving real business growth for manufacturers by seamless onboarding of suppliers and buyers. By making entire market place process online, Fabix platform make the business smoother and smarter for both manufacturer and wholesaler/retailer. The same platform will help the parties to maintain their business privately which uniquely unlocks data between transacting parties and creating a single, collaborative ecosystem. So the parties can work together to grasp emerging opportunities. The integrated virtual showroom with this platform will give an experience of online trade show to the brands and retailers and there by they can discover, collaborate and transact from anywhere in the world, organically building the largest curated global fashion marketplace.

The Problem

Manufacturers:
  1. Limited reach in the market,mostly reach limits within the traditional market
  2. *High customer acquisition cost in the present way of marketing and distribution
  3. *No direct connection with the end consumer with latest trends/fashion along with inventory
  4. *Lack of knowledge in technology implementation digital entrepreneurship and resources
  5. *High supply chain expenses to reach different customers in different locations and delayed payments
Wholesalers / Retailers :
  1. *Time taking and complex process in buying, catalogue / vendor selection and delivery arrangements
  2. *Lack of digital resources for real time decision, purchase history, catalogues sharing, online visibility
  3. *Inaccurate inventory forecasting which end up with too much or too little supply to meet demand
  4. *Lack of resources to meet customers expectation on latest fashion/trends demand quickly
  5. *Lack of a structured auto pilot system by keeping social distance with minimum touch in product procurement