Fashion tech startup Zilo raises $4.5 million from Info Edge Ventures, Chiratae Ventures

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Here are the details for the fashion tech startup Zilo based on the provided information:

Startup Details:

  • Startup Name: Zilo
  • Industry: Fashion tech/Quick commerce

Founders:

  • Founders:
    • Padmakumar Pal (former senior executive at Flipkart and Myntra)
    • Bhavik Jhaveri

Fundraise Details:

  • Funding Series: Seed funding
  • Amount Raised: $4.5 million
  • Funding Date: [Exact date not provided in the text]

Funds & Investors:

  • Co-led by:
    • Info Edge Ventures
    • Chiratae Ventures

Usage of Funds:

  • Strengthening hybrid supply chain
  • Deepening brand partnerships
  • Geographic expansion beyond Mumbai to other metro cities by year-end

Additional Information:

  • Products Delivered: Fashion and lifestyle products from over 250 brands (e.g. Levi’s, Louis Philippe, Puma, The Souled Store)
  • Key Features:
    • Delivery in under 60 minutes
    • Scheduled home trials
    • Instant returns
    • AI-powered style recommendations

Competitors:

  • Other brands focusing on ultra-fast fashion delivery mentioned include Newme, Slikk, Blip, and Snitch as well as platforms like Myntra and Ajio.

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2025-06-27 10:25:51