IndigoTex raises Rs 5 crore from IAN Angel Fund, SIDBI, FITT, and IIT Delhi Angels for waterless wool finishing technology commercialization.
Amount Raised
₹50 Million
Round Type
Angel
IndiaManufacturingFashionTextilesInvestors
Description
IndigoTex, India's first waterless wool finishing technology startup, has raised Rs 5 crore in an angel funding round led by IAN Angel Fund. The round includes participation from SIDBI, FITT, and IIT Delhi Angels. The capital will be used for manufacturing setup, team expansion, product commercialization, R&D, and market certifications. The deeptech textile company aims to build a global presence in export-oriented, high-value textile products.
Quick answer
IndigoTex raised ₹50 Million in a Angel round, dated October 6, 2026. Investors: IIT Delhi Angels, Fitt, Sidbi and IAN Angel Fund. IndigoTex is based in India.
- How much did IndigoTex raise?
- IndigoTex raised ₹50 Million in a Angel round on October 6, 2026.
- Who invested in IndigoTex?
- IIT Delhi Angels, Fitt, Sidbi and IAN Angel Fund are named as investors in this round.
- What does IndigoTex do?
- IndigoTex is India's first waterless wool finishing technology startup commercializing wool and wool-blended denim and other fabrics.
- Where is IndigoTex based and how big is it?
- IndigoTex is based in India.
Source: Fundz verified event record.
Who else raised in Fashion and Textiles around the same time
Companies in the same sectors as IndigoTex that raised within 45 days of this round, from Fundz verified event records.
- Eroglu Knitting raised $80M (Debt Financing) on September 27, 2026.
- The Shadery raised $3M (Seed) on November 10, 2026.
- GIVA Jewelry raised $100M on November 3, 2026.
- Troubadour Goods raised $4.3M (Seed) on October 27, 2026.
- The Pant Project raised $11M on October 19, 2026.
- Pitchman Pens raised an undisclosed amount on October 13, 2026.
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