IndigoTex raises $0.5M seed
Announced 6 October 2026
◆ The Round
IndigoTex raised $0.5M in seed funding, announced on 6 October 2026, led by IAN Angel Fund, with participation from SIDBI, FITT, IIT Delhi Angels. The round is tracked live by Fusion42 as part of the Raise fund database and the Scout startup database.
◆ About IndigoTex
IIT Delhi-originated deeptech textile startup developing waterless wool finishing and wool-based fabric technologies. IndigoTex is based in India and currently at seed stage, operating in Advanced Materials, Sustainable Materials.
◆ Investors
LeadIAN Angel Fund
ParticipationSIDBI, FITT, IIT Delhi Angels
◆ Investing funds on Raise
◆ Market context
SIDBI is profiled on Raise, Fusion42's database of venture funds — where each investor's thesis, cheque size and other tracked backings can be followed. This funding event is a citable node in Fusion42's market graph: it links IndigoTex's Scout profile to the funds behind the round and to related Wire analysis, and is refreshed from public announcements as the round is confirmed or extended. It is the same live market data Arthur reasons over when benchmarking a founder's own raise against what is closing in the market right now.
◆ Explore the market
◆ FAQ
How much did IndigoTex raise?
IndigoTex raised $0.5M in its seed round, announced 2026-10-06.
Who invested in IndigoTex's seed round?
The round was led by IAN Angel Fund, with participation from SIDBI, FITT and IIT Delhi Angels.
What does IndigoTex do?
IIT Delhi-originated deeptech textile startup developing waterless wool finishing and wool-based fabric technologies.
Verified 6 October 2026 · Sources: public filings