Yarn Bazaar News Today

The Yarn Bazaar (TYB) is at the forefront of revolutionising the Indian textile industry, offering a purpose-led marketplace facilitated by cutting-edge technology. Buyers and sellers can access real-time data on yarn prices, market trends, and information, ensuring transparency and efficiency in transactions.

The Yarn Bazaar (TYB) is at the forefront of revolutionising the Indian textile industry, offering a purpose-led marketplace facilitated by cutting-edge technology. Buyers and sellers can access real-time data on yarn prices, market trends, and information, ensuring transparency and efficiency in transactions.

With aspirations of becoming a global powerhouse, India has set an ambitious goal of achieving USD 100 billion in textile exports by 2030.

Experts discussed the inclusion of a zero-duty policy for textiles within the proposed FTA to foster mutual growth. Further, industry leaders emphasized that a policy alignment in industry-related laws will help create a level playing field and reduce discrepancies.

B2B marketplace startup The Yarn Bazaar bags $1.8 Mn in Pre-Series A round led by Rajiv Dadlani Group and Equanimity Ventures.

The Yarn Bazaar aims to use these funds to expand its operations, increase its market reach, and strengthen its technological infrastructure. It said to invest in enhancing its online presence and improving overall user experience.

Shark Tank India has been the center of attention for quite some time. Many startups pitched their business ideas and received funding during the show.