FEF, an initiative of the FEF India Fashion Awards, aims to foster a collaborative ecosystem within the fashion industry. After Akshay Kumar, Indian tycoon Ravi Jaipuria and prominent business leader Gaurav Dalmia joined FEF, Johar is set to enhance support to emerging fashion entrepreneurs, leveraging his extensive experience, expertise and network to guide startups and budding entrepreneurs towards achieving their goals, the company said in a press release.
India’s Fashion Entrepreneur Fund (FEF) has partnered with Karan Johar as an investor and promoter. Johar aims to use his expertise and network to address gaps in support for fashion entrepreneurs, thereby enhancing FEF’s mission of fostering growth and innovation. His involvement is expected to increase FEF’s impact and support for emerging fashion businesses.
Johar shares a vision to transform the fashion industry by addressing the challenges faced by millions of fashion professionals. He identified a critical gap in the support system for fashion entrepreneurs and saw FEF as the solution. FEF is designed to provide end-to-end support, from focused mentorship to financial resources, addressing the industry’s lack of infrastructure and growth opportunities. Using Johar’s creative influence, FEF aims to create a vibrant network where fashion businesses can thrive, innovate and compete at a broader level.
“Fashion is an integral part of our culture and identity. It is an ever-evolving industry and I am excited to embark on this journey with FEF. The growing popularity of local businesses showcases the incredible talent that exists in India and highlights a shift towards embracing our unique style. My aim is to bring glamour and trends to the forefront, supporting these brands as they captivate audiences across the world. Through this initiative, we will help fashion entrepreneurs set new trends and achieve unprecedented success,” said Johar.
“Karan Johar joining FEF is a huge boost for us. Our mission is to create a vibrant ecosystem where fashion dreams can flourish and grow into successful businesses. With Johar joining, we are set to accelerate this mission and achieve new heights. Johar’s passion for innovation aligns perfectly with our goals and his experience and extensive networks will be invaluable in reaching out to fashion brands and entrepreneurs. With his support, we are confident that FEF will become the go-to platform for fashion entrepreneurs in India, providing them with the investment, resources and mentorship they need to succeed,” he said. Vagish Pathak, Chairman, and Sanjay Nigam, Founder, Fashion Entrepreneur Fundwhile welcoming Karan Johar.
Fibre2Fashion (RR) Press Desk
