The Indian fabric industry is the second largest employment generator, with the natural fibre market estimated to have a potential of $100 million. However, its highly fragmented nature & technology obsolescence makes it very challenging.
ReshaMandi, India’s first and largest farm-to-retail digital ecosystem for natural fibre, has stepped in to solve these drawbacks.
In this edition of Founder Thesis, Akshay Datt speaks with Mayank Tiwari, Founder and CEO of ReshaMandi. A NIFT gold medalist having over a decade of cross-domain experience in the retail, supply chain, and handloom sector, he embarked on this journey with a simple urge to create better interventions in the sericulture industry.
Tune in to this episode to hear Mayank talk about the fascinating way in which ReshaMandi was materialized into existence and how its innovative IoT-based ‘quality grading service’ transformed the silk supply chain!
What you must not miss!
- Obstacles in the sericulture trade
- The core idea behind ReshaMandi
- ReshaMandi’s business model