A US $ 4.5 million seed fundraising round led by Info Edge Ventures and Chiratae Ventures has been successfully closed by fashion-tech platform ZILO. By the end of the year, this investment is meant to help ZILO reach PMF and make sure they keep developing a hybrid supply chain, strengthen brand partnerships and grow outside of Mumbai to other prestigious Indian cities.
Last-minute fashion shopping is made possible by ZILO, which delivers clothing from top brands in less than 60 minutes, including Levi’s, Louis Philippe, United Colours of Benetton, Rare Rabbit, Jack & Jones, Puma, Reebok, Snitch, The Souled Store, Manyavar, Veromoda, W, Biba, Libas, Global Desi, Jockey, Damensch, Bliss Club and more.
Items can be returned by customers as soon as they are delivered. Customers can order several sizes of the same item to try on at home using the “Scheduled Home Trials” option. Customers can return undesirable items right away because a style runner waits up to 30 minutes. Customers must check and sign off before the delivery is considered complete.
From US $ 0.5 billion in FY ’22 to US $ 3.3 billion in FY ’24, the Indian quick commerce sector has grown remarkably, more than quadrupling in just two years. Nowadays, about one in three Indian urban consumers rely on quick commerce platforms for their essential requirements.
With ZILO’s features like Home Trials, customers can browse, try, and return goods in a single transaction. Additionally, Ask ZILO offers personalised style ideas, and a Style Planner makes it easy to match ensembles, even for last-minute fashion demands.
