Fashinza, a global fashion supply-chain platform, has reported EBITDA profitability in its first profitable quarter, a milestone it previously aimed for but could not sustain yet. The startup is now shifting focus from a single strong quarter to achieving full-year profitability in the upcoming financial year, signaling stronger cost control and execution.
Venture-backed startups are trying to make fashion the next quick-commerce win, promising under-hour delivery in metro cities. But the model relies on steep discounts and deep cash burn to attract customers, while inventories are expensive and trends change fast. Investors remain optimistic about growth potential, yet long-term scalability is far from settled.
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