Berhampur, Odisha – July 14, 2024 – Sui Dhaga, a visionary startup committed to revolutionizing the fashion industry, has been selected for the prestigious Lift Off Spark Programme by Wadhwani Foundation. This program is designed to provide mentorship, resources, and future investment opportunities to promising startups, ensuring they achieve market success and sustainable growth.
About Lift Off Spark Programme
The Lift Off Spark Programme by Wadhwani Foundation is an elite initiative aimed at identifying and nurturing high-potential startups. The program offers comprehensive support, including mentorship from industry experts, access to a network of investors, and strategic guidance on scaling operations and market penetration.
Sui Dhaga’s Journey and Vision
Sui Dhaga, officially known as WeaveVogue Innovations Pvt. Ltd., was founded by Akash Patro in Berhampur, Odisha. The startup’s mission is to empower Indian fashion designers, especially those from tier-2 and tier-3 cities, by providing a platform to showcase, sell, and rent their unique collections. Sui Dhaga emphasizes sustainable and affordable fashion, leveraging the rich heritage of Indian textiles.
Key Highlights of Sui Dhaga’s Selection
- Mentorship and Guidance: Sui Dhaga will receive personalized mentorship from seasoned industry leaders. This guidance will be instrumental in refining business strategies, enhancing product offerings, and scaling the startup effectively.
- Access to Investment Opportunities: The Lift Off Spark Programme will connect Sui Dhaga with a network of investors, opening doors to future investment opportunities. This will be crucial in accelerating growth and expanding market reach.
- Strategic Resources: The program will provide access to essential resources, including market insights, technological tools, and operational support, ensuring Sui Dhaga is well-equipped to navigate the competitive fashion industry.
Founders’ Perspective
“We are incredibly honored to be selected for the Lift Off Spark Programme by Wadhwani Foundation. This opportunity aligns perfectly with our vision of empowering designers and promoting sustainable fashion. The mentorship, resources, and investment opportunities provided by the program will be pivotal in driving our growth and establishing Sui Dhaga as a market leader,” said Akash Patro, Founder of Sui Dhaga.
Future Plans and Market Success
With the support of the Lift Off Spark Programme, Sui Dhaga aims to:
- Expand Designer Network: Onboard more designers from across India, offering them a platform to reach a global audience.
- Enhance Technology: Invest in advanced technology, including AI-powered virtual try-on and interactive features, to provide a seamless and engaging user experience.
- Market Penetration: Increase market presence through strategic marketing campaigns, partnerships, and events showcasing Indian craftsmanship.
- Sustainable Growth: Focus on sustainable practices in fashion, promoting eco-friendly designs and materials.
About Wadhwani Foundation
The Wadhwani Foundation is a global organization dedicated to accelerating economic development in emerging economies through large-scale job creation. The Foundation’s initiatives focus on entrepreneurship, small business growth, and innovation, aiming to create lasting social impact.
About Sui Dhaga
Sui Dhaga (WeaveVogue Innovations Pvt. Ltd.) is a fashion-tech startup based in Berhampur, Odisha. Founded by Akash Patro and Bijoy Das, the company aims to revolutionize the fashion industry by providing a platform for designers to showcase, sell, and rent their collections. With a focus on sustainability and affordability, Sui Dhaga leverages advanced technology to enhance the user experience and promote Indian craftsmanship globally.
Sui Dhaga’s selection for the Lift Off Spark Programme is a testament to its potential and the impactful vision of its founders. This milestone marks a significant step towards making Sui Dhaga a market success and a beacon of innovation in the fashion industry.
