Geniemode, an apparel sourcing startup, has raised over US$50 million in series C funding led by Multiples Alternate Asset Management, with backing from Fundamentum, Paramark Ventures, and InfoEdge Ventures.

The company will use the funds to enhance its tech-driven supply chain solutions and expand into new global markets.

Founded in 2021, Geniemode connects small and medium manufacturers with buyers, working with over 200 suppliers across India, Bangladesh, Pakistan, and Sri Lanka.

This round follows a US$7 million series A in January 2022, a US$27.5 million round in April 2022, and a US$2.25 million seed round in 2021.