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Fund profile

MAS Holdings

MAS Holdings

Colombo, Sri Lanka

Not leading

About

MAS Holdings, based in Sri Lanka, is one of South Asia’s largest apparel and textile manufacturers. Founded in 1987, the company has grown into a global powerhouse, offering concept-to-delivery solutions for major brands like Nike, Victoria’s Secret, and Calvin Klein. With over 115,000 employees across 17 countries, MAS Holdings specializes in lingerie, sportswear, swimwear, and performance wear. The company also leads innovation in areas such as wearable technology and FemTech, developing products like smart sports gear and functional apparel for women. MAS is committed to sustainability and ethical manufacturing. It operates carbon-neutral facilities, including its eco-friendly Fabric Park in Sri Lanka, and implements rigorous environmental and labor standards. Through its innovation arm, Twinery, MAS explores advancements in smart clothing and medical devices, collaborating with universities and tech companies to integrate cutting-edge technology into their apparel. Driven by a purpose to enrich lives and protect the environment, MAS aims to revolutionize the apparel industry while maintaining a strong focus on sustainability, innovation, and community impact.

Details

Round

Seed
Series B
Series C+
Venture Round

Highlights

$35M

Historical max check

July 2023

Last investment date

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Website

masholdings.com

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