MakeIt Secures $350K in Pre-Seed Funding to Revolutionize the Fashion Supply Chain
Singapore – 3 June 2024 – MakeIt, an innovative company developing a B2B Fashion Supply Chain Platform, today announced the successful completion of its pre-seed funding round, raising $350,000 from accredited investors. This significant investment marks a pivotal step in MakeIt’s mission to enhance production efficiency and streamline operations for lifestyle brands and garment factories.
MakeIt’s first product, the MakeIt Manufacturing Execution System (MES), is a cutting-edge Software-as-a-Service (SaaS) solution specifically designed for garment factories. The platform aims to transform the fashion supply chain by offering a seamless, fast, and efficient production process, addressing critical challenges faced by manufacturers and brands in the industry.
“We are thrilled to have secured this pre-seed funding, which will enable us to accelerate the development and deployment of our MES platform,” said Kaushal Bhalotia, Cofounder of MakeIt. “Our goal is to empower factories and brands to optimize their production workflows, reduce lead times, reduce inventories and increase overall efficiency. This funding will be instrumental in achieving those objectives and bringing our vision to life.”
The MakeIt team has developed a state-of-the-art technology platform that offers a comprehensive suite of tools and features tailored to the unique needs of the fashion industry. By leveraging advanced technology, AI and data analytics, MakeIt MES provides real-time visibility into production processes, facilitates better decision-making, and enhances collaboration between brands and manufacturers.
The new capital will be used to expand MakeIt’s product development team, enhance its technology infrastructure, build AI models and accelerate go-to-market efforts. The company plans to focus on building strategic partnerships with key players in the fashion industry to drive adoption of its platform and deliver tangible value to its users.
“Our investors recognize the transformative potential of MakeIt and share our commitment to driving innovation in the fashion supply chain,” added Kaushal. “We are grateful for their support and confidence in our vision. Together, we are poised to make a significant impact on the industry.”
About MakeIt
MakeIt is a pioneering company dedicated to revolutionizing the fashion supply chain through its advanced B2B platform. The MakeIt Manufacturing Execution System (MES) is a SaaS solution designed to make production fast, efficient, and seamless for garment factories and lifestyle brands. By harnessing the power of technology and data, MakeIt is committed to driving efficiency and innovation in the fashion industry.
Media Contact:
Kaushal Bhalotia
Cofounder
kaushal[at]makeit[dot]sg