Fashinza Raises 20 Million Series A Funding Co Led By Accel Partners And Elevation Capital
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Fashinza funding: Fashinza raises $20 million in funding from Accel Partners, Elevation Capital, others
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Fashinza Raises $20 Mn Series A Funding Co-led By Accel Partners And Elevation Capital
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Malathi, a South Indian woman in her mid-30s with long black hair and a round, expressive face, is among the more fortunate garment workers in Asia. The mother of two, who chose to go by a pseudonym for this story, just started her 12th year at a factory in Bangalore owned by Shahi Exports, India’s largest garment exporter and a supplier to the likes of The Gap, H&M, and Uniqlo. Malathi’s take-home pay of $30 per week is higher than the $22, $24, and $26 her colleagues make on average in, respectively, Myanmar, Pakistan, and Bangladesh. And with a typical workweek of 48 hours, she is spared the excessive overtime endemic to the sector. Notably, especially given the prevalence of fac