Fashinza co-founder Pawan Gupta exits as revenue craters from Rs 33 cr to Rs 6 cr

WestBridge, Prosus and Accel-backed B2B fashion supply-chain startup Fashinza loses co-founder and former CEO Pawan Gupta, leaving Abhishek Sharma as sole founder-CEO. The $120M-funded firm has seen revenue collapse 82% from Rs 33 cr in FY22 to Rs 6 cr in FY25.

— Filed Wed, 27 May, 2026, 22:01 IST · Source Moneycontrol · Updated

Fashinza co-founder and former CEO Pawan Gupta has quit the WestBridge-backed B2B fashion supply-chain startup, leaving Abhishek Sharma as sole founder-CEO. Revenue collapsed from Rs 33 crore in FY22 to Rs 6 crore in FY25.

Why this matters

Gupta's exit caps a turbulent stretch for Fashinza, which has watched topline shrink for three straight years despite $120M backing from WestBridge, Prosus and Accel, leaving Sharma to steer a much-smaller business alone.

Leadership churn remains steady across retail with 111 signals tracked in the last 90 days.