Monday, November 21, 2022

ReshaMandi Launches Its Super App For iOS Devices

* The app will be available in five Indian languages – Hindi, Kannada, Tamil, Telugu and  Marathi – besides English

ReshaMandi, the largest farm-to-fashion digital ecosystem for natural  fibres in India, recently launched its app for iOS devices. Presently, 34,000 stakeholders  of ReshaMandi have installed the app with 40% of them using the app’s payment system and  receiving the payment acknowledgements on the app. The iOS app is available in five Indian languages  – Hindi, Kannada, Tamil, Telugu and Marathi besides English.  

Currently, 95% of ReshaMandi’s wide farmer base is using the app to map the transactions on the  platform. The weaver community has listed more than 5000 saree SKUs on the app and is able to directly  connect and distribute to the large retailer base . The support on the app has now  expanded to four broad categories; Sarees, Apparel, Home & Living and Fabric.

ReshaMandi’s Founder and CEO, Mayank Tiwari said, “The combination of financial technology and  digitisation has resulted in a new development model for the textile industry. We are actively working  towards bringing transparency in the supply chain through digitisation. Our aim has been to build a  super app which assists all stakeholders, including spinners, ginners, farmers, mills, distributors in  having access to enterprise-like functionalities and being able to purchase and sell through one platform. We are delighted to see that our stakeholders across the value chain are understanding and utilising  the Reshamandi app.”  

Since its inception in 2020, ReshaMandi’s app has witnessed an increase in participation from  farmers, reelers, yarn manufacturers, weavers and retailers. The level of engagement the app has  seen over two years indicates ReshaMandi’s ongoing efforts to empower stakeholders and provide  them with a greater range of business opportunities. Through the app, 20,000 tonnes of cocoon, 1500  tonnes of raw cotton, 6000 tonnes of cotton bales, 8 lakh sarees, 5 lakh apparel and 150 lakh metres  of fabric have been sold and transacted. 

About ReshaMandi  

ReshaMandi is India’s first and largest farm-to-fashion digital ecosystem for the natural fibre supply  chain. The company began with a focus on silk and has diversified by adding other natural fibres to its  portfolio such as cotton, jute, coir and banana. ReshaMandi works?with 60,000 farmers, more than  10,000 weavers, 7,500+ yarn manufacturers and 3500 retailers in the entire natural fibre supply chain  to improve productivity, boost their bottom line and eventually be instrumental in transforming the  quality of their lives.  

ReshaMandi also has a  D2C  e-commerce platform,  which caters to end consumers, bringing them exquisite sarees from different parts of India. Today  the company manages the entire ecosystem for all natural fibres catering to a diverse set of  stakeholders such as farmers, reelers and weavers on one side and retailers, mills, manufacturers,  exporters, corporates, designers and end consumers on the other. It is now serving the whole Indian natural fibres industry as a result of becoming the ecosystem's chosen sourcing partner for all of its stakeholders. With its recent debut into the Middle East & North Africa and SouthEast Asia, it aims to become a one-stop destination for all natural and recycled  fabrics globally.  

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