Fashion quick commerce startup ZILO raises $15.3m Series A
Fashion quick commerce startup ZILO just bagged $15.3 million (about ₹140 crore) in its Series A round, led by Peak XV Partners with $8 million.
Info Edge Ventures and Chiratae Ventures also chipped in, along with Alteria Capital and Stride Ventures.
ZILO's model blends dark stores with brand partnerships
ZILO delivers clothes from over 250 brands—including Levi's, Puma, and United Colors of Benetton—to your door in under an hour.
Their model blends dark stores with brand partnerships, offering scheduled home trials and instant returns for extra convenience.
Right now they're live in Mumbai but plan to expand to Delhi or Bengaluru soon.
Founders are ex-Flipkart and Myntra execs
Founded by ex-Flipkart and Myntra execs Padmakumar Pal and Bhavik Jhaveri, ZILO previously raised $4.5 million last year.
With this new funding, they're looking to scale up tech, boost their supply chain, and reach more cities over the next year or so.