Mumbai-based fashion tech startup ZILO has raised $4.5 million in a seed funding round, marking a significant milestone for the company as it aims to transform the quick fashion delivery landscape in India. The round was co-led by Info Edge Ventures and Chiratae Ventures, showcasing strong investor confidence in ZILO's innovative approach to fashion commerce.
ZILO, founded by former executives from leading e-commerce platforms, focuses on providing 60-minute delivery, home trials, and instant returns for urban shoppers. With partnerships with over 250+ brands, the startup offers curated styles to meet the fast-paced demands of modern consumers.
The freshly raised capital will be utilized to achieve product-market fit and to build a robust hybrid supply chain. This strategic investment will enable ZILO to streamline operations and enhance the customer experience through faster and more efficient delivery systems.
In addition to strengthening its supply chain, ZILO plans to deepen its brand partnerships and expand its footprint beyond Mumbai to other top-tier Indian cities by the end of the year. This expansion is a critical step in capturing a larger share of the growing fashion commerce market in India.
ZILO's unique model positions it as a frontrunner in the quick commerce space, addressing the increasing demand for speed and convenience in online fashion retail. The startup aims to redefine how urban consumers shop for apparel and accessories by blending technology with logistics.
As the fashion tech sector continues to evolve, ZILO's recent funding success highlights the potential for innovation in quick delivery solutions. With strong backing from prominent investors, the startup is well-poised to make a lasting impact on India's e-commerce ecosystem.
Maria Lourdes
