🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

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

EntrackrEntrackr · 3h 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.

1

Related News

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

EntrackrEntrackr · 4m 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.

Exclusive: 60-min fashion delivery startup Slikk to raise $10 Mn led by Nexus

EntrackrEntrackr · 8m ago
Exclusive: 60-min fashion delivery startup Slikk to raise $10 Mn led by Nexus
Medial

Exclusive: 60-min fashion delivery startup Slikk to raise $10 Mn led by Nexus Slikk, a fashion delivery platform promising 60-minute delivery, is all set to raise another funding round following its recent seed investment, sources familiar with the matter told Entrackr. "Nexus is spearheading a $10 million funding round at a $40 million valuation," said one of the sources. "The deal has already been finalized, and existing investors are expected to participate." On Tuesday, Slikk announced $3.2 million seed round led by Lightspeed with participation from Multiply Ventures and angel investors including Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera), and Saurabh Gupta (DST Global). Slikk targets young, impulse-driven shoppers, including students, professionals, and trend-savvy urbanites influenced by social media. Over the next five years, it plans to expand into tier I and tier II cities, offering 60-minute fashion delivery while diversifying into seven-plus lifestyle categories. The startup features more than 80 brands, including Snitch, The Souled Store, Freakins, Uptownie, Off Duty, Bonkers, and Bewakoof. "Quick commerce is trending, and investors have recently shown strong interest in the fashion segment. With Myntra introducing a 30-minute delivery service for fashion and beauty products, more startups are likely to follow suit and seek funding,” said another source. Slikk declined to comment on the story while queries sent to Nexus did not elicit an immediate response.

10 min food delivery startup Swish raises $14 Mn

EntrackrEntrackr · 9m ago
10 min food delivery startup Swish raises $14 Mn
Medial

Exclusive: 10 min food delivery startup Swish raises $14 Mn Swish, a 10-minute food delivery startup, has secured Rs 122.32 crore in its Series A funding round, led by Hara Global Capital and existing investor Accel India. This follows just three months after its $2 million seed round. The board at Swish has passed a special resolution to issue 4,762 Series A compulsory convertible preference shares at an issue price of Rs 2,56,334 each to raise Rs 112.3 crore or $14 million, its regulatory filing accessed from the Registrar of Companies shows. Hara Global Capital led the round with Rs 69.56 crore while Accel India invested Rs 52.18 crore. Kunal Shah-led QED innovation, and Gaurav Munjal (CEO of Unacademy) and Sumer Juneja, investment advisor at SoftBank, participated with Rs 20.5 lakhs, Rs 5 and Rs 30.7 lakh respectively. According to Entrackr's estimates, the company has been valued at around Rs 522 crore or $60 million post-allotment. After the new funding round, Hara Global Capital will own 13.33%, while Accel India will hold a 27.24% stake in the company. Co-founders Aniket Sunil Shah, Sureshkumar Sarana, and Ujjwal Sukheja will each retain a 16.38% share following the Series A round. Founded in 2024, Swish’s 10-minute delivery model operates within a 1.5–2 km radius using cloud kitchens called ‘delight centers,’ ensuring fresh and hygienic food is delivered swiftly through its optimized full-stack approach. Swish is competing in the fast-expanding instant food delivery market, where Zomato, Swiggy, and Zepto are leading the charge. Zomato-owned Blinkit has also launched Bistro, a standalone app for instant food delivery. In December, Bhavish Aggarwal-led Ola entered the segment, while emerging players like Magicpin and Zing are gaining traction. The latest entrant to the space is cloud kitchen unicorn Rebel Foods, which has introduced a new app called QuickiES.

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

EntrackrEntrackr · 5m 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.

Download the medial app to read full posts, comements and news.