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Fashion quick commerce startup ZILO raises $15.3 Mn in Series A round

EntrackrEntrackr · 2h ago
Fashion quick commerce startup ZILO raises $15.3 Mn in Series A round
Medial

Fashion quick commerce startup ZILO has raised $15.3 million (Rs 140 crore) in a Series A funding round led by Peak XV Partners, which invested $8 million. Existing investors InfoEdge Ventures and Chiratae Ventures participated with $2.5 million each. The round also saw participation from Alteria Capital and Stride Ventures, along with angel investors including Lalit Keshre of Groww, Kunal Shah of CRED, Sachin Oswal, Ayyappan R, Abhishek Bansal, Sreevathsa Prabhakar, and Preeta Sukhtankar. Earlier in June last year, ZILO had secured $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures. The proceeds will be used to scale operations, invest in technology, expand to new markets, and strengthen its supply chain. It currently operates in Mumbai and plans to expand to additional cities over the next 12–14 months. Co-founded by former Flipkart and Myntra executives Padmakumar Pal and Bhavik Jhaveri, ZILO operates a fashion quick commerce platform offering apparel delivery within 60 minutes. The brand works with more than 200 brands and offers features such as home trials and instant returns. It follows a vertically integrated model combining dark stores and brand outlets to manage inventory and delivery timelines. Recently, Mumbai-based quick commerce fashion platform KNOT raised $5 million in a new funding round led by 12 Flags. ZILO also competes with Slikk and Myntra, which has expanded its quick fashion delivery offering to additional cities.

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Quick fashion delivery startup ZILO raises $4.5 Mn in Seed round

EntrackrEntrackr · 7m ago
Quick fashion delivery startup ZILO raises $4.5 Mn in Seed round
Medial

Fashion-tech startup ZILO has secured $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures. The proceeds will help ZILO reach product-market fit, strengthen its hybrid supply chain, build brand partnerships, and expand beyond Mumbai to other major Indian cities this year. Founded by Padmakumar Pal, a former VP at Flipkart and Myntra, and Bhavik Jhaveri, a serial entrepreneur, ZILO offers quick delivery of fashion items from over 250 brands like Levi’s, Puma, United Colors of Benetton, and The Souled Store. According to ZILO, customers can receive orders in under 60 minutes, try items at home, and return unwanted products instantly. ZILO operates through dark stores and brand outlets to fulfill orders locally and promises only fresh, in-season products. It plans to stock nearly 100,000 styles and expand into categories like footwear and accessories by the festive season.

Quick fashion delivery startup KNOT raises $3 Mn led by Kae Capital

EntrackrEntrackr · 6m ago
Quick fashion delivery startup KNOT raises $3 Mn led by Kae Capital
Medial

Quick fashion delivery startup KNOT raises $3 Mn led by Kae Capital Mumbai-based quick commerce fashion platform KNOT has raised $3 million in a pre-Series A round led by Kae Capital with participation from Sparrow Capital, Boundless Ventures LLP, and founders of SNITCH, The Souled Store, and Bonkers Corner. Existing investors WEH Ventures, All In Capital, and Kumar Saurabh (Aukera Jewellery) also backed the round. The new funding will fuel product development, expansion beyond Mumbai, and deepen brand partnerships. Founded in 2025 by Archit Nanda and Rachit Bansal, KNOT is reimagining online fashion delivery with its 60-minute delivery model and Try ‘n Buy experience in Mumbai. The idea was born after the duo pivoted from their earlier venture Slick, spotting a major gap in how Gen Z and millennials discover and shop for fashion. KNOT currently claims to have partnered with over 70 fashion brands, fulfilling thousands of orders monthly. Its standout features include AI-based virtual try-ons, doorstep trials with instant returns, and influencer-led discovery. In the same space, ZILO secured $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures, last month. Fashion delivery startup Slikk also secured $10 million in funding. Myntra, which launched rapid apparel delivery in December 2024, has now extended the service to additional cities.

Quick fashion delivery startup KNOT raises $5 Mn to scale 60 min delivery

EntrackrEntrackr · 1m ago
Quick fashion delivery startup KNOT raises $5 Mn to scale 60 min delivery
Medial

Mumbai-based quick commerce fashion platform KNOT, which offers 60 minute fashion delivery and a Try and Buy experience, has raised $5 million in a new funding round led by 12 Flags. Existing investors Kae Capital and Boundless Ventures also participated in the round. The fresh capital comes just three months after the company closed its $3 million pre Series A funding round in August. KNOT was founded in 2025 by IIT Bombay graduates Archit Nanda and Rachit Bansal and focuses on serving Gen Z and millennial shoppers through hyperlocal distribution, creator led discovery and at home trials. According to the company, the funds will be used to expand its 60 minute delivery network in Mumbai and other cities, alongside efforts to strengthen micro warehousing, routing efficiency and last mile logistics to support higher order volumes. KNOT is also expanding its brand portfolio by onboarding established fashion labels such as Jack and Jones, Vero Moda, Louis Philippe, Van Heusen and Allen Solly. The startup claims it has crossed more than 350 daily orders, which marks a three times increase over the last three months. The platform offers AI powered virtual try on, doorstep trials and instant returns to reduce uncertainty around fit and style while shopping online. By combining speed, convenience and curated selection, KNOT is tapping into changing consumer behaviour where shoppers increasingly expect instant access, personalisation and flexibility. Knot competes with players such as Slikk and ZILO, and Myntra has also taken its quick fashion delivery offering to additional cities.

Fashion brand Theater raises $1.5 Mn in pre-Series A round

EntrackrEntrackr · 1y ago
Fashion brand Theater raises $1.5 Mn in pre-Series A round
Medial

Digital-first western fashion brand Theater has raised $1.5 million in pre-Series A funding round led by Prath Ventures along with participation from existing angel investors. The proceeds will be used to drive growth through new channels like quick commerce, expand offline presence, and accelerate design iteration and production processes, Theater said in a press release. Co-founded by Sarthak Aggarwal, Vikram Jain, Karan Jain, and Shruti Aggarwal, Theater leverages deep fashion expertise alongside robust brand-building and startup scaling capabilities to create a distinctive presence in the market. It aims to empower fashion design landscape and mass-premium fashion brands, specializing in women’s footwear, stockings, perfumes, and bags. Theater aims to transform the Indian fashion landscape through a design-centric approach and creates a large business with a differentiated offering.

Ice cream brand Go Zero raises $1.5 Mn

EntrackrEntrackr · 1y ago
Ice cream brand Go Zero raises $1.5 Mn
Medial

Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.

Snitch raises $40 Mn in Series B round; to enter quick commerce

EntrackrEntrackr · 8m ago
Snitch raises $40 Mn in Series B round; to enter quick commerce
Medial

Snippets Snitch raises $40 Mn in Series B round; to enter quick commerce D2C menswear brand Snitch has raised up to $40 million in its Series B funding round led by 360 ONE Asset. Existing investors IvyCap Ventures and SWC Global participated, along with the Ravi Modi Family Office and other angel investors. Entrackr had exclusively reported the development last week. This is the second major funding round for the Bengaluru-based fashion brand, following its $13 million Series A raised in December 2023. The proceeds will be used to expand Snitch’s offline retail footprint from 55 to over 100 stores by the end of 2025, enter quick commerce, and test international markets. The company also plans to expand into new apparel and lifestyle categories. Founded in 2020 by Siddharth Dungarwal, Snitch offers trendy and affordable apparel through its own website, mobile application, and an expanding network of offline retail stores. “With 120% YoY growth, 55+ stores with strong unit economics, and strong loyal customer base, we’re stepping into a bigger league, building a world-class brand with India at its heart and agility at its core. As we gear up for global expansion and soon enter the public markets, this marks a bold step towards creating one of India’s most iconic fashion stories,” said Dungarwal. Snitch featured during the second season of Shark Tank India and raised Rs 1.5 crore against 1.5% equity from Anupam Mittal, Aman Gupta, Namita Thapar, Vineeta Singh, Peyush Bansal, and Amit Jain at Rs 100 crore valuation. The firm is targeting scale across India and international markets and is preparing for a public listing. For the fiscal year ending March 2024, Snitch reported a 100% year-on-year increase in its revenue to Rs 241 crore with Rs 4.39 crore profits. The company has yet to release its annual results for FY25.

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