AI-powered B2B fashion wholesale startup Navo has raised ₹8 crore in a seed funding round led by IndiaQuotient, with additional participation from Antler.
The fresh capital will be used to scale retailer acquisition, enhance its AI-driven trend prediction engine, and strengthen supply chain efficiency, the company said in a statement.
Founded by Suparn Goel and Anshul Singhal, Navo is building a digital-first platform to transform how small-town retailers source fast-changing fashion trends.
Its proprietary AI scans more than 10,000 YouTube videos and 5 lakh images monthly to detect emerging styles before they go mainstream—whether it’s an Alia Bhatt saree or a Mahakal T-shirt. Retailers can access 5,000+ curated designs added each month, with doorstep delivery in 7–10 days.
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So far, Navo has onboarded 50,000 retailers across 250 districts, achieving a 50% repeat purchase rate within 30 days. To replicate the offline buying experience, the platform offers live video shopping, reels-led discovery, and agent-assisted calls, making wholesale procurement more intuitive and interactive.
The latest round builds on Navo’s earlier funding from DeVC, Bharat Founders Fund, and marquee angel investors.
