New Delhi, 5th April 2025 — Fashion Entrepreneur Fund (FEF), India’s first and only fashion-focused venture studio, proudly participated in the Startup Mahakumbh 2025 in Delhi. With innovation and impact at the heart of its vision, FEF is on a mission to back early-stage fashion ventures that are reshaping the landscape of the Indian and global fashion industry.
Startup Mahakumbh, a landmark gathering of entrepreneurs, investors, and thought leaders, served as the ideal platform for FEF to spotlight the urgent need for innovation in fashion—an industry often seen as discretionary but in reality, a key contributor to India’s economy and employment.
“It is an absolute pleasure to speak today about something at the core of the Fashion Entrepreneur Fund—innovation in fashion startups. Fashion is not indulgence; it’s impact. From sustainability to employment to tech-driven efficiency, innovation in this sector is critical for India’s growth story,” said Sanjay Nigam, Founder, FEF.
“The global fashion industry is valued at over $2.5 trillion, with India’s fashion sector alone expected to reach $115 billion by 2025. With over 45 million Indians employed in the sector and 13% of the nation’s exports driven by fashion, there is tremendous potential for startups to solve real challenges sustainability, inefficiency, and employment generation” said Puneet Malhotra COO, FEF.
At Startup Mahakumbh, FEF showcased how its portfolio of forward-thinking fashion brands are tackling these issues head-on whether through circular economy models, AI-powered personalization, virtual try-ons, or blockchain-led transparency in textile supply chains.
FEF acts as an end-to-end growth partner, offering startups:
- Strategic mentorship from fashion and business leaders
- Access to curated retail spaces
- Investor and media exposure
- Resources for tech-driven product development
- Through its participation, FEF invited aspiring fashion entrepreneurs and innovators to join its mission of building a responsible, resilient, and revolutionary fashion ecosystem.
As Sanjay Nigam aptly summed up, “Your creativity is your superpower, your innovation is your edge, and FEF is your partner in success.” The future of fashion is being built today and innovation in fashion will be the driving force behind this evolution. The Fashion Entrepreneur Fund is proud to be at the forefront of this transformation.