From streetwear to smartwear — one of India’s hottest fashion tech companies just scored big, and AI is now front and center.
TMRW, the digital-first fashion venture from Aditya Birla Group, is reportedly raising a massive ₹437 crore (approx. $50 million) from ServiceNow Ventures, the investment arm of the US-based enterprise software giant. And this isn’t just about money — it’s about turning Indian fashion retail into an AI-powered beast.
What’s the Plan for This $50 Million Windfall?
TMRW isn’t holding back. The fresh capital will be used to:
- Grow its portfolio of Gen Z–friendly fashion brands
- Integrate ServiceNow’s cutting-edge AI tools
- Speed up product development
- Level up customer experience across digital and physical touchpoints
In short: smarter fashion, faster drops, better engagement.
“This isn’t just funding — it’s firepower,” said insiders familiar with the deal.
Who’s in the TMRW Fashion Army?
Since launching in mid-2022, TMRW has assembled a fashion-forward lineup, including:
- Bewakoof
- WROGN (co-founded by cricketer Virat Kohli)
- The Indian Garage Co.
- Nobero
And they’re not just adding logos — they’re investing deep. Last year, TMRW invested $15 million in WROGN, picking up a 16% stake and valuing the Bengaluru-based brand at $105 million.
Why ServiceNow Is All In
ServiceNow’s venture arm is betting on India’s digital fashion evolution — and sees TMRW as a launchpad for showcasing what AI can really do in retail.
Think:
- Predictive fashion drops
- AI-assisted merchandising
- Hyper-personalized consumer journeys
- Frictionless omnichannel experiences
TMRW plans to bake AI directly into product design, inventory management, and customer service — pushing the boundaries of what “fast fashion” really means.
From Newcomer to Industry Disruptor
Backed by Aditya Birla Fashion & Retail Ltd. (ABFRL), TMRW was launched with a bold mission: acquire and incubate 30 digital-first fashion brands and build India’s next big fashion empire.
With this latest funding, TMRW is poised to turbocharge that goal — and possibly reshape India’s retail landscape in the process.
