Radar · Fashion Tech in Madhya Pradesh
Best Fashion Tech Companies in Madhya Pradesh, India
The 57 best Fashion Tech companies in Madhya Pradesh, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: iTokri.
By Riya SenguptaFinancials
57companies tracked
$13.7Kdisclosed funding
0unicorns
1have raised
FLIAR INTELLIGENCE · FASHION TECH × MADHYA PRADESH
Our analysis of 50 Fashion Tech companies
$2.5b in tracked funding; 87% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
87%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2019median founding year
Ranked: Best Fashion Tech companies in Madhya Pradesh
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | iTokri Online platform offering handcrafted multi-category consumer products | $14K | 136 mo ago | Seed | Jia Pamnani Co-Founder | 2011 | Cart FunctionalityShopifyApple iCloud Mail+29 | — |
| 2 | 2Ballz Online fashion brand offering sustainable innerwear products for men | — | — | Unfunded | Ankit Bhanwar Co-Founder | 2019 | Cart FunctionalityShopifyAmazon Web Services+22 | — |
| 3 | Aadi Shuddh Internet first brand offering ethnic wear for men, women, and kids | — | — | Unfunded | Aadish Bakliwal Founder & Managing Director | 2023 | — | — |
| 4 | Advi Blouses Online store offering a wide range of ethnic wear apparel for women | — | — | Unfunded | — | 2017 | Cart FunctionalityShopifyAmazon Web Services+19 | — |
| 5 | Angaraag Private label brand offering apparel for women | — | — | Deadpooled | Shivam Borade Founder & COO | 2019 | — | — |
| 6 | Artsy India Online marketplace offering handcrafted ethnic wear for women | — | — | Deadpooled | Saurabh Jain Founder | 2012 | — | — |
| 7 | Aynaa Online platform offering a curated collection of ethnic wear apparel for women and men | — | — | Unfunded | Anusha Bangur Founder | 2019 | — | — |
| 8 | Bazarville Internet first brand offering apparel wear for men and women | — | — | Unfunded | Harsh Surana Co-Founder | 2015 | DukaanSplideAxios+6 | — |
Top 1 Fashion Tech companies in Madhya Pradesh
#1
Seed · Gwalior, Madhya Pradesh · founded 2011 · 20 employees$13.7Kraised▾
Seed · Gwalior, Madhya Pradesh · founded 2011 · 20 employees
Online platform offering handcrafted multi-category consumer products. The product catalog includes home decor, apparel, textiles, stationery, gifting, kitchenware, toys, herbal colors, jewelry, personal care, paintings, and more.
Funding rounds
- Mar 2015Angel$13.7K
Founders & team
Investors
Sandeep Narang, Ashok Pamnani, Kavita Pamnani, Sakshi Pamnani
Tech stack
Cart FunctionalityCloudflareHstsHttp/3JqueryOpen Graph
Funding & investor landscape
$13.7Ktotal disclosed funding
1companies funded
1disclosed rounds
0rounds last 90 days
Prism market signals · India · country-scoped Prism corpus, 128,375 docs
Market landscape — 10 sub-themes by coverage
Share of Fashion Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding flat · growth rising
RESEARCH SIGNALS · India
How research on Textiles & Wearable Materials is moving in India
A read on the academic research around Textiles & Wearable Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 92 India-affiliated papers.
research sentiment over time
202220242025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and steady — the enthusiastic (strongly-positive) share moved 96% → 96% across 2022–2025.
top research entities
- Vellore Institute of Technology University6
- Indian Institute of Technology Delhi5
- PSG INSTITUTE OF TECHNOLOGY AND APPLIED RESEARCH5
- Indian Institute of Science Bangalore4
- SRM Institute of Science and Technology3
leading researchers
Suryasarathi Bose · Arpan Shah · K M Pachiappan · R. Divya Sathiyam · T.M. Kotresh · Balasubramanian Kandasubramanian · Monica Sikka · Samridhi Garg
▲
Breakthroughs28 · 30%
▲ 0%→37% share
2 median citations79% since 2021mostly methods-led
Wearable computer research is surging — 8 brand-new papers and 10 rising entries now command 37% field-share.
rising sub-themes (early→recent)
- Wearable computer10
- Wearable technology5
- Nanotechnology4
- Graphene3
- Composite material3
Newly emergingWearable computer 0→8 · Wearable technology 0→5
Landmark A Multifunctional Smart Textile Derived from Merino Wool/Nylon Polymer Nanocomposites as Next Generation Microwave Absor · 115 cites
◆
Advancements35 · 38%
▲ 0%→22% share
4 median citations60% since 2021mostly empirical
Electrical conductor papers doubled (2→4) as composite material research intensifies, lifting Advancements to 22% field-share.
rising sub-themes (early→recent)
- Electrical conductor2→4
- Composite material3→4
Landmark Nanotechnology – a new route to high-performance functional textiles · 232 cites
▼
Concerns4 · 4%
0%→0% share
10 median citations25% since 2021mostly reviews
Clothing-linked concern papers rose to 2, with aeronautics and ammunition newly appearing — a nascent but watchable cluster.
rising sub-themes (early→recent)
- Clothing2
- Aeronautics1
- Ammunition1
- Terrain1
- Forensic engineering1
Landmark Technical textiles for military applications · 73 cites
RESEARCH HOTSPOTS · India
Where textiles tech is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Delhi-NCR9 · +0.40
Chennai6 · +0.85
PATENT SIGNAL · India
Who's filing textiles tech patents in India
India textiles tech patent filing is accelerating — 5 filings from 5 assignees (2021–2024), led by Tata Consultancy Services, Kabra Puneet, Omray Pratibha; annual filings 2→3.
5 filings5 assigneespeak 3/yr2021–2024
filing momentum (YoY 2021–2024)
top patent filers
- Tata Consultancy Services5
- Kabra Puneet2
- Omray Pratibha1
- Swami Sanjeev1
- Khandelwal Sanjeev1
Common questions
How many Fashion Tech companies are there in Madhya Pradesh, India?
Radar tracks 57 indexable Fashion Tech companies headquartered in Madhya Pradesh, India that meet our profile-completeness bar.
What is the total funding raised by Fashion Tech companies in Madhya Pradesh, India?
The Fashion Tech companies in Madhya Pradesh, India on this list have raised a combined $13.7K in disclosed equity funding across 1 funded companies.
Which is the highest-funded Fashion Tech company in Madhya Pradesh, India?
iTokri is the highest-funded Fashion Tech company in Madhya Pradesh, India, with $13.7K in disclosed equity funding.
How many Fashion Tech companies in Madhya Pradesh, India are funded?
1 of the 57 Fashion Tech companies in Madhya Pradesh, India on this list have disclosed at least one equity funding round.
How many Fashion Tech unicorns are there in Madhya Pradesh, India?
None of the Fashion Tech companies in Madhya Pradesh, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Madhya Pradesh, India Fashion Tech companies?
The most active investors in Madhya Pradesh, India Fashion Tech companies on this list include a range of venture and angel investors.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.