Suditi Industries Limited plans to raise ₹58.87 crore through a mix of equity shares and warrants. This move marks a major step in the company’s shift from textile manufacturing to kids’ retail.
The funds will support the expansion of Gini & Jony, one of India’s most recognised kidswear brands. Importantly, the Indian kids’ apparel and lifestyle market continues to grow rapidly. Kidswear alone represents a ₹3,00,000 crore opportunity and is expanding at 14–15 percent CAGR.
At the centre of this transformation is Gini & Jony. The brand enjoys decades of national presence and strong emotional recall among Indian parents. As a result, it offers a solid base for long-term growth.
Leadership Highlights Growth Opportunity
Commenting on the fundraise, Pawan Agarwal, Chairman and Managing Director, Suditi Industries, said the kidswear market presents a rare opportunity. He added that Gini & Jony’s legacy and national footprint position the company to build a fully integrated kids’ lifestyle brand. Moreover, the new capital and incoming investors will help accelerate growth while supporting long-term goals.
Strong Investor Participation
The funding round has attracted experienced consumer-focused investors. Participants include Venkat Ramaswamy, Co-Founder of Edelweiss, Nitin Agarwal, former CEO of GlobalBees, and Naresh Biyani, Founder of Capwise Financial Services. In addition, existing investors such as Nikhil Vora, Sushant Goel, and Vikrant Mudaliar continue to back the company.
According to Harsh Agarwal, CEO of Gini & Jony, building a modern consumer brand requires strength across technology, supply chain, data, and governance. Therefore, the experience of the investor group will help improve execution speed and scale operations more efficiently.
Strong Financial Momentum
Suditi Industries maintains a near-zero debt position. At the same time, it has delivered strong financial performance. The company reported 89 percent growth in turnover in Q2 FY24. It also recorded a 1,900 percent rise in net profit in Q2 FY25. These results highlight the success of its turnaround strategy.
Going forward, the fresh capital will fund retail expansion, digital and omnichannel growth, and backend infrastructure. Additionally, Suditi plans to deepen product categories while maintaining disciplined capital use.
Capwise Leads the Fundraise
Capwise Financial Services Private Limited led and advised the round. Notably, the firm also invested in the company, reflecting confidence in the brand and sector.
Naresh Biyani, CEO and Promoter, Capwise, said Gini & Jony stands out for its multi-generational relevance and brand loyalty. He added that Capwise looks forward to supporting the creation of an end-to-end kids’ lifestyle platform while preserving the brand’s emotional connection with families.
Overall, this fundraise positions Suditi Industries to strengthen Gini & Jony’s leadership in India’s growing kids’ retail market.
