HSG

HSG, formerly known as Sequoia Capital China, is a global venture capital and private equity firm, managing over USD 55 billion across various funds. Established in 2005, HSG invests in technology, healthcare, and consumer sectors, with a focus on seed, venture, growth, buyout, and infrastructure stages. The firm has backed over 1,500 companies, with more than 160 listed on public exchanges and over 140 achieving unicorn status. HSG operates globally, with offices in Hong Kong, Shanghai, Beijing, Shenzhen, London, Tokyo, and Singapore, providing extensive resources and industry expertise to its portfolio companies.

Rohit Agarwal

Managing Director

Mohit Bhatnagar

Managing Director

Wang Chenyu

Vice President

Sakshi Chopra

Managing Director

Raghavv Garg

Analyst

Pushpak Kedia

Vice President

Sunint Khurana

Analyst

Ishaan Mittal

Managing Director

Saksham Mittal

Analyst

Abhishek Mohan

Principal

Javier Ng

Associate

Enita Pu

Partner

Wendy Qian

Analyst

Haim Sadger

Partner

Yoav Shaked

Partner

Johan Surani

Vice President

Vedant Trivedi

Associate

Aradhita Tuli

Investment Analyst

Pavel Vyhnalek

Operating Partner

Fu Xin

Partner

Past deals in Textiles

Sycoretec

Seed Round in 2023
Zhongke Haishi is a high-tech enterprise specializing in the research and development, production and sales of new materials and their application in the field of temperature-regulating functional textiles.

Dangsheng New Materials

Series A in 2021
Dangsheng New Material is a high-performance fiber material developer and a high-tech enterprise dedicated to the development, production and sales of high-performance fiber materials. It has realized the production of China's only high-performance anti-virus and biochemical barrier protective clothing made of a single material. . Dangsheng New Materials provides a series of medical disposable protective products, including protective clothing, isolation clothing, protective shoe covers and other supplies.

Vesta Home

Series A in 2021
Vesta Home, founded in 2019 and based in Beijing, China, specializes in designing, developing, and selling a variety of sleep essentials and household products. The company offers an extensive range of items, including silk-filled duvet covers, comforters, dual-sided pillows, and bamboo sheets. Vesta Home's products are designed to enhance sleep quality, featuring moisture-wicking and thermoregulating properties to keep users comfortable throughout the night. Additionally, the company provides silk eye masks and woven baskets, catering to diverse consumer needs in the sleep product market.

Ubras

Series B in 2020
Ubras is a women's lingerie brand that specializes in the manufacturing of size-free, comfortable, and seamless underwear. The company emphasizes research and development to create innovative products that cater to various use cases, combining advanced fabrics and technologies to enhance the selection process for intimate apparel. Ubras aims to provide women with versatile and comfortable options in their lingerie choices.

Smart Fabric Technology

Series C in 2019
Smart Fabric is a company that transforms the textile production and trade process through a cloud-based enterprise resource planning (ERP) system. By connecting customer orders from brands and garment factories to upstream processes such as spinning, printing, dyeing, and weaving, Smart Fabric enhances collaboration among these entities. Utilizing the Internet of Things and an advanced ordering system, the company streamlines the fabric production workflow, functioning as a centralized dispatching hub. Smart Fabric focuses on delivering innovative, data-driven solutions that enable textile manufacturers to digitize their operations, manage supply chain demands more effectively, and improve overall efficiency in the manufacturing process.

Craftsvilla

Series C in 2015
Craftsvilla Handicrafts Pvt Limited is an online marketplace based in Mumbai, India, that specializes in unique Indian products, including handmade, vintage, ethnic, and organic items. Founded in 2011, the company offers a diverse range of products such as sarees, bridal lehengas, salwar suits, jewelry, bags, accessories, and footwear, alongside home décor, bath and beauty products, and health items. It aims to empower local designers and artisans by showcasing their creations to a global audience, thereby fostering connections between small businesses and customers. Craftsvilla prioritizes the use of quality raw materials, minimizes the application of chemicals, and employs natural dyes, ensuring that each product undergoes rigorous quality checks. This commitment to craftsmanship and cultural representation positions Craftsvilla as a vibrant platform for celebrating Indian artistry and enhancing everyday life.

Craftsvilla

Series B in 2015
Craftsvilla Handicrafts Pvt Limited is an online marketplace based in Mumbai, India, that specializes in unique Indian products, including handmade, vintage, ethnic, and organic items. Founded in 2011, the company offers a diverse range of products such as sarees, bridal lehengas, salwar suits, jewelry, bags, accessories, and footwear, alongside home décor, bath and beauty products, and health items. It aims to empower local designers and artisans by showcasing their creations to a global audience, thereby fostering connections between small businesses and customers. Craftsvilla prioritizes the use of quality raw materials, minimizes the application of chemicals, and employs natural dyes, ensuring that each product undergoes rigorous quality checks. This commitment to craftsmanship and cultural representation positions Craftsvilla as a vibrant platform for celebrating Indian artistry and enhancing everyday life.

PurCotton

Venture Round in 2014
PurCotton is an online marketplace for natural cotton products for families, children, women, and men. PurCotton cotton spunlace non-woven fabrics were used as raw materials for the PurCotton cotton series of daily necessities, which included pure cotton soft towels, Nasi Princess sanitary napkins, and Nasi baby cotton diapers, among others. It bridges the gap in the use of cotton materials for a variety of daily necessities.

Freecultr

Series B in 2012
FREECULTR specializes in designing and manufacturing comfortable and skin-friendly innerwear and casual clothing for men and women. The company focuses on creating sustainable and breathable garments, featuring innovative designs that prioritize both comfort and environmental consciousness. Their product range includes innerwear, loungewear, activewear, and technologically advanced accessories, all aimed at enhancing the user experience while promoting eco-friendly practices. By emphasizing softness and comfort, FREECULTR seeks to meet the needs of customers looking for high-quality apparel.
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