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Fashion brand Outzidr raises Rs 30 Cr in seed round from Stellaris

Entrackr · 9d

GenZ women-focused fashion brand Outzidr has raised Rs 30 crore ($3.49 million) in a seed funding round led by Stellaris Venture Partners. The proceeds will be used to build its brand and strengthen its supply chain to hit an annualised revenue run rate of Rs 100 crore in the next 6-8 months. Founded in 2024 by Nirmal Jain, Mani Kant Mani, and Justin Mario, Outzidr creates stylish clothes for young women to wear to parties, dinners, or when going out. According to the company, it first tests new designs in small batches, sees which ones people like the most, and then quickly produces more of the popular ones. Outzidr claims to have launched over 3,000 styles on its website and adds 2,000 new ones every month. The brand hopes to become the go-to fashion destination for Gen Z women seeking stylish, affordable outfits for travel, college, parties, and more. It also plans to deepen its presence across both its own D2C platform and marketplaces like Myntra, Nykaa Fashion, and Ajio.