This deck spun $30m funding for silktech firm in India
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ABOUT
India-based B2B startup ReshaMandi says itโs a โsuperappโ for everything silk by digitizing the industryโs supply chain, which includes farmers, reelers, weavers, and retailers.
Founded in May 2020, the platform also has features powered by AI and internet of things for disease detection, cocoon grading, and advisory services.
The startup used this deck to secure its series A funding.
Fundraising journey
- March 2021: US$1.7 million of seed funding from a round led by Omnivore and Strive Ventures, with participation from Axilor Ventures, an India-based fund for early-stage startups, and Supply Chain Labs, a supply chain accelerator program by Lumis Partners
- October 2021: US$30 million of series A funding from a round led by Creation Investments, with participation from 9Unicorns, Venture Catalysts, Omnivore, Northern Arc, Alteria Capital, Innoven Capital, and Stride Ventures, as well as from Sandeep Singhal, co-founder and senior advisor of Nexus, and Brijesh Agarwal, founder of IndiaMart
How is the deck compelling?
- ReshaMandiโs deck is tidy and the color tones are used perfectly to reflect the companyโs persona.
- The deck begins by establishing the global market size and opportunity for silk and the opportunity before making the case for a stronger silk industry in India.
- The company argues that its platform solves the โtrustโ pain point experienced by the silk industryโs players.
- It details investments that ReshaMandi has received so far and shows how the platform is making a difference across the silk supply chain.
- The deck also features the companyโs leaders and some of the awards that it has received.
SOURCE
Deck: ReshaMandi
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Reshamandi says itโs a superapp for everything silk in India, allowing B2B transactions among players in the industry.
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