India’s tailoring industry is valued at $9.2 billion. Taking advantage of all this is a startup called Urban Tailor. Urban Tailor is a firm that provides end-to-end services by making use of a network of local, small tailoring units.
In fact, the company has attracted traction and successfully raised some money. Unitus Seed Fund has announced an undisclosed investment in Bengaluru-based Urban Tailor. The company, which was founded by Vasudevan Thrikkazhippurath, Lavanya Venkatraman and Ashish Singhal in March, 2015, raised seed funding from a clutch of angel investors to invest in improving customer experience and marketing.
The firm works on a very basic business model. A customer chooses the style and pattern and places an order online. the pick-up service then collects the fabric and measurement garment from the customer’s doorstep. The stitched product is finally checked and delivered to the customer. The whole process takes about 10 days.
Urban Tailor commenced its operations in March 2015 and is currently offering services across Bengaluru. The company claims to have serviced over 20,000 customers, recording a steady 40 percent month-on-month growth and 52 percent repeat customers.