3Fate Technologies Pvt Ltd (Showroom B2B)

Business Overview

• 3Fate Technologies Pvt Ltd operates the brand "Showroom B2B", showroomb2b.com, a B2B apparel-sourcing marketplace connecting garment/textile manufacturers with retailers, from Tier-II/III towns to national chains, via a "phygital" model combining physical experience stores with a digital ordering platform/app.
• Stated capabilities include AI-assisted demand forecasting/supplier matching, supply-chain visibility, quality assurance and dynamic pricing analytics, across menswear/womenswear/kidswear/ethnic-wear categories.
• Consistent with this, the company's IndiaMART trade listing, 9 years old, GST-verified, profiles it as a wholesaler/distributor of women's traditional Indian clothing — cotton and designer salwar suits, lehenga/lehenga-choli, apparel fabric, textile accessories and imitation jewellery — operating out of Gautam Buddh Nagar (Noida), UP.
• Company website and directory listings corroborate each other on business identity and location, confirmed via 2+ independent sources: showroomb2b.com + IndiaMART + GST portal-derived pages.

Sector & Classification

Conflicting across sources — original/target CIN carries NIC code 51909 (wholesale trade, n.e.c. — consistent with the actual apparel-wholesale business), but the CIN currently shown by Tofler/TheCompanyCheck/Falconebiz/Zaubacorp is U14101... where NIC 14101 maps to "mining of hard coal," which is clearly not the real activity and looks like a data/classification glitch in the aggregator or an MCA re-tagging. Actual business activity (per company website, GST HSN codes, and IndiaMART listing) is unambiguously apparel/textile wholesale trade — ladies suits, lehengas, cotton apparel/fabric, imitation jewellery (HSN chapters 60-63, 4202, 71179090). Marked partial/conflicted.

Directors & Key Management

Confirmed (2+ sources: Tofler, IndiaFilings, and corroborated as "co-founders" on showroomb2b.com's own team page): - Abhishek Dua — Director/Co-founder, DIN 07215297, appointed 12-Aug-2020 (at incorporation), also a shareholder. - Shubham Gupta — Director/Co-founder, DIN 07214111, appointed 12-Aug-2020 (at incorporation), also a shareholder. Unconfirmed (single source only, TheCompanyCheck): "Amit Sharma — Nominee Director" and "Shubham Gupta" also tagged as CFO — plausible given the company has multiple institutional lenders (see Charges) who commonly require a nominee-director covenant, but not corroborated elsewhere, so kept as partial/not confirmed. Company website additionally lists two core (non-board, non-DIN) team members sharing founder surnames — Akshat Dua and Suparshva Gupta — likely family-linked but not registered as directors/KMP in any registry source seen.

GST Registrations

Primary/home-state GSTIN: 09AABCZ5675N1ZG — Uttar Pradesh, Regular taxpayer, registered 16-Sep-2020, status Active, jurisdiction "Meerut Sector-2, UP1747, Range-IV" (confirmed, 2 sources: knowyourgst.com + piceapp.com, both agree on GSTIN/date/status). Additional registration: 07AABCZ5675N1ZK — Delhi, Regular, registered 10-Sep-2024, status Active, classified "Warehouse/Depot" at a Geeta Colony, New Delhi address (confirmed via knowyourgst.com; also independently surfaced in an Indian Kanoon court filing for this company, cross-confirming it belongs to 3Fate Technologies). PAN: AABCZ5675N (embedded consistently in both GSTINs; confirmed). #Registrations: uncertain/partial — only 2 GSTINs independently verified (UP + Delhi) but one Tofler-linked GST aggregator page stated "the entity holds three GST registrations across different states (Uttar Pradesh, Haryana, and Rajasthan)" — this conflicts on the states named (no Haryana/Rajasthan GSTIN was independently located, and it omits the Delhi one that WAS verified), so the true total registration count is not reliably established; likely 3-4 registrations total across UP, Delhi and possibly Haryana/Rajasthan, but only UP and Delhi are individually confirmed.

Financials

• Partial — only percentage/range data publicly available, absolute rupee figures paywalled behind Tofler Pro on every source checked; standalone financials, per Tofler.
• FY 2023-24, standalone, per Tofler, single-source for exact figures but internally consistent:
• Revenue: broad bracket of ₹1 crore - ₹100 crore (not precise).
• Net profit margin: -10.88%; Operating margin: -12.03%; Gross margin: -1.87% — i.e. the company was loss-making at both gross and operating level in FY24.
• YoY growth: net worth +396.37%, borrowings +237.88%, total assets +227.85% — indicates a rapid balance-sheet scale-up, likely from a large capital infusion, consistent with paid-up capital rising from ₹1.6 lakh to ₹38 crore, funded increasingly by debt.
• No EBITDA, absolute PAT, or net-worth rupee value obtained. No FY23 or earlier-year figures obtained. Consolidated-vs-standalone: Tofler states standalone financials are what's shown
• No subsidiaries/consolidation evidence found.

Funding History

• Not obtained — no named equity funding round, investor, or amount was found via Tofler/Tracxn, Tracxn's dedicated page for this entity 404'd/rate-limited on every attempt, or startup press, Entrackr/Inc42 searches returned no coverage of "Showroom B2B" or "3Fate Technologies".
• The large jump in paid-up capital, ₹1.6 lakh → ₹38 crore, strongly implies at least one substantial capital-raise occurred, but no round name, investor, date or amount could be independently confirmed — flagged as a data gap rather than "no funding," since the debt financing below, ₹38.8 Cr across 6 lenders, confirms the company has attracted institutional capital, just not equity-round-labelled.

Shareholding

• Not obtained — Tofler confirms only that both directors, Abhishek Dua, Shubham Gupta, are "shareholders" but the full shareholding pattern, share counts, % ownership, any institutional/investor equity stake, is paywalled and not visible in any free source checked.

Loans & Charges

• Confirmed, single detailed source, Tofler charges register, internally consistent and dated, — 6 open/
• debenture-trustee charge, implying an NCD/structured-debt issuance
• All flagged "Open" (unsatisfied) as of the data pull.
• Lender mix, impact-lending NBFCs + mainstream banks + a debenture trustee, suggests working-capital/venture-debt financing rather than a single bank facility.
• This single-source figure was not cross-verified on a second charges tracker, so treat the exact amounts as partial/best-available rather than fully confirmed, though the charge register format is standard MCA-sourced data.

Related Parties

• Partial/no formal group structure found — no parent, subsidiary, or MCA-filed related-party transaction was located in any source.
• Informal note: two non-board "core team" members on the company's own website, Akshat Dua and Suparshva Gupta, share surnames with the two founder-directors, Abhishek Dua, Shubham Gupta, respectively, suggesting possible family involvement, but this is not corroborated as a registered related party and should not be treated as confirmed.

Credit Ratings

• Not obtained/none found — no CRISIL, ICRA, or CARE rating surfaced for this company in any source checked
• Consistent with it being a small, closely-held private company likely below the scale that gets a public bank-loan rating, though absence of evidence is not conclusive proof no rating exists.

Legal & Compliance

• Partial — one case identified via Indian Kanoon: "Nice Wedding Cards Pvt Ltd vs 3Fate Technologies Pvt Ltd," Commercial Court, Delhi District Court (before Sh.
• Sudesh Kumar, District Judge), dated 29 April 2026.
• The filing text itself quotes the company's CIN as "U1401UP2020PTC132556", a further truncated/garbled variant, and its Delhi GSTIN 07AABCZ5675N1ZK, which independently cross-confirms the Delhi GST registration found separately.
• Nature of the underlying dispute and outcome were not visible in the available excerpt, likely a commercial/payment dispute given the plaintiff is a wedding-cards vendor and the case sits in Commercial Court, — case number and judgment text not obtained.

Competitive Landscape

• Named peers in the India B2B apparel-sourcing/wholesale-marketplace space, rough scale tags based on general market knowledge, not verified against this task's financials:
• Fashinza — larger, VC-funded, manufacturing-and-sourcing-focused B2B fashion platform (bigger scale).
• Zyod — VC-funded B2B apparel manufacturing/sourcing marketplace, comparable-to-larger scale.
• Bunts (bunts.co) — B2B/D2R sourcing platform for retailers, comparable scale.
• Wydr — B2B fashion wholesale marketplace connecting brands and retailers, comparable scale, backed by larger investors historically.
• Udaan, Apparel vertical, — much larger horizontal B2B commerce major with an apparel category (larger scale).
• Ajio Business — Reliance-backed B2B apparel sourcing arm, much larger, corporate-backed scale.
• 3Fate/Showroom B2B appears smaller-scale and more debt-financed than most of these VC-equity-backed peers, per the financial signals above
• This competitor set is directional/not independently sourced per-company for this report.

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