GreenStitch: Empowering Textile and Fashion Industries with Effortless Sustainability Solutions
📄Company Profiles
The global textile and apparel market is estimated to be valued at USD 2,783.62 billion in 2024, highlighting the industry's economic footprint. A new player making a name for itself in this industry is GreenStitch. GreenStitch offers a comprehensive solution that helps companies in the textile and fashion industries enhance their sustainability practices. With advanced tools and technologies to manage and optimise sustainability data, GreenStitch aims to drive measurable impact and set new standards in the industry.
In this article, explore more about GreenStitch—its founders, startup story, challenges, growth, and more.
GreenStitch - Company Highlights
| Company Name | GreenStitch Technologies Pvt Ltd. |
|---|---|
| Headquarters | Bengaluru, Karnataka, India |
| Sector | Fashion & Textiles, Climate Data and Analytics |
| Founder | Narendra Makwana, Arpit Samdani |
| Website | greenstitch.io |
GreenStitch - About
GreenStitch.io provides fashion and textile companies with an enterprise-grade SaaS tool to meet environmental regulations and capture sustainable product demand. As a tech-focused company, it offers a comprehensive platform to measure and reduce GHG emissions across the value chain, specialising in detailed Scope 3 emissions. GreenStitch’s solutions enable businesses to gain insights for cost-effective and ROI-positive decarbonization.
GreenStitch - Industry
GreenStitch operates in the fashion and textile industries, where success increasingly depends on adapting to sustainability through technology and innovation. The company is dedicated to empowering these industries to meet this challenge, helping brands and suppliers achieve net zero status and drive sustainability success.
The market is massive, and sustainability is becoming the key metric for business. There has been increased consumer demand for eco-friendly materials and strong environmental regulations worldwide, and the industry lacks the necessary tools to streamline sustainability.
GreenStitch.io is on a mission to establish itself as the global leader, a sustainability platform for fashion. The company plans to expand its product offerings, build strategic alliances with top fashion brands, and enhance its international footprint. Within the next few years, GreenStitch aims to be at the forefront of the industry, driving innovation for the industry.
Pooja Uniyal
GreenStitch - Founders
Narendra Makwana and Arpit Samdani are the co-founders of GreenStitch.io.
Narendra Makwana
Narendra is the co-founder and CEO of GreenStitch.io. He holds a degree in Textile Technology from IIT Delhi and serves as a visiting faculty member for Sustainability in Fashion & Textiles at the same institution. Narendra has consulted prominent legislators in India on climate change and sustainability and has led business verticals at India’s first prop-tech unicorn, NoBroker.
Arpit Samdani
Arpit is the co-founder and CTO of GreenStitch.io. He holds a Bachelor of Technology (B.Tech.) in Computer Science from Vellore Institute of Technology. Arpit is a software professional with eight years of experience in building technology products from scratch to massive scale. He has worked with companies such as InMobi, Morgan Stanley, and Comviva.
GreenStitch - Startup Story
Climate change is a real issue, and someone needs to delve deeply to solve the climate-related challenges, which have massive potential. In the textile and fashion industry, the sector is highly fragmented. Production is mainly concentrated in the global south, which accounts for 80% of fashion-related greenhouse gas emissions, while consumption occurs in the global north.
The co-founders conducted extensive interviews with industry leaders, brands, and manufacturers, as well as regulators and policymakers, to validate the problem and develop a solution. This process was notably enjoyable for them. The response was very positive, as many were seeking similar solutions. Remarkably, GreenStitch closed several deals within a week, a rare achievement in high-ticket B2B sales.
GreenStitch - Vision and Mission
GreenStitch is deeply committed to supporting the fashion and textile industry in its sustainable transition. The company’s mission is to empower businesses by equipping them with advanced tools and technologies that enable effective management and utilisation of their sustainability data. GreenStitch believes that environmental indicators should serve as the universal language for retailers and manufacturers.
Through its innovative solutions, the company helps businesses reduce their carbon emissions, elevate their environmental, social, and governance (ESG) practices, and emerge as leaders in driving the ecological transition. With the ambitious goal of managing 1 billion tonnes of carbon, GreenStitch strives to make a significant global impact on emissions.
GreenStitch - Name and Logo
For GreenStitch, the team settled on the name after only a few hours of brainstorming. They checked its SEO ranking and tested it with a few people to ensure they could relate to both the name and the work.
GreenStitch - Products/Services
GreenStitch provides a comprehensive suite of solutions designed to help fashion and textile companies meet the growing demands of environmental regulations and the increasing consumer demand for sustainable products. The company's enterprise-grade SaaS platform enables businesses to accurately measure and reduce their greenhouse gas (GHG) emissions across the entire value chain, with a particular focus on Scope 3 emissions. By offering granular tracking and insights, GreenStitch empowers companies to implement cost-effective and ROI-positive decarbonization strategies.
Currently, GreenStitch's platform supports businesses in GHG accounting, ESG reporting, decarbonization initiatives, and product life cycle assessments (LCAs). The company is continuously expanding its features to further address the complex sustainability challenges within the fashion and textile industry.
GreenStitch - Business Model
GreenStitch operates on a business model that involves providing advanced software solutions to help fashion and textile companies manage and utilise their sustainability data effectively.
GreenStitch - Launching Company Strategies
It is always tough to get initial customers, but GreenStitch co-founders knew that getting the right product to the right people would see them through. They attended B2B events, which provided a platform to showcase their product and network. The team also focused on building the right capabilities for their product based on user feedback. Leveraging personal networks and utilising LinkedIn extensively helped them connect with potential customers and industry influencers.
GreenStitch - Challenges Faced
GreenStitch faced various challenges along the way. They encountered difficulties in hiring initial teams, closing their first customers, and competing with both legacy players and newer entrants with deeper pockets. Despite these challenges, they have managed to navigate through them. Along the way, they had to let go of some underperformers and faced losses from competition, but they continued to learn and grow each day to ensure that these challenges were overcome.
GreenStitch - Growth
GreenStitch has made remarkable progress in its growth journey, earning the trust and collaboration of leading brands, export houses, and manufacturers throughout India, Bangladesh, and the EU.
The platform, with its zero learning curve, has been rapidly adopted in these regions, allowing GreenStitch to forge strong, lasting relationships with key industry players. As they continue to expand their reach, their approach is facilitating seamless integration, driving wider adoption across global markets, and further establishing their reputation as a trusted partner in the fashion and textile industry.
Abinaya Arangarajan
GreenStitch - Key Tools and Software
Prominent tools/software that GreenStitch relies on in its business operations are:
- Close
- Loops
GreenStitch - Competitors
Some of the competitors of GreenStitch include:
- Vaayu Tech
- Carbonfact
GreenStitch - Future Plans
GreenStitch is committed to becoming the full-stack solution for sustainability in the fashion and textile industry. Their goal is to enhance product offerings, ensuring they not only meet but exceed industry standards, to drive real, measurable impact. They aim to establish themselves as the go-to platform for sustainability, becoming the de facto choice for fashion and textile companies seeking comprehensive, effective solutions. By doubling down on innovation and impact, GreenStitch plans to lead the way in making the industry more sustainable, one step at a time.
FAQs
What does GreenStitch do?
GreenStitch.io provides fashion and textile companies with an enterprise-grade SaaS tool to meet environmental regulations and capture sustainable product demand.
Who is the founder of GreenStitch?
Narendra Makwana and Arpit Samdani are the co-founders of GreenStitch.io.
What makes GreenStitch’s platform unique?
The platform offers a zero-learning-curve solution, making it easy for businesses to adopt and integrate.
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