Luxury Fashion Brand Ziniosa Raises Funding From IPV

Luxury fashion platform Ziniosa has raised an undisclosed amount of funding from Inflection Point Ventures (IPV).

The investment will help the company grow by hiring more team members, increasing consumer awareness, improving technology, making the brand more popular, and opening its first physical store.

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Ashri Jaiswal, Co-founder, Ziniosa said, “The preloved movement is just getting started—and at Ziniosa, we're proud to be leading it as India’s fastest-growing, organised platform for luxury resale. We're not just selling fashion; we're changing how India shops.”

Varun Ramani, Co-founder, Ziniosa said, “With the support from IPV, we're gearing up to scale Ziniosa across all fronts—expanding our team, strengthening our tech, and opening our first store within the next two years. We're also growing our men’s category and significantly expanding our product catalogue to meet rising demand.”

Mitesh Shah, Co- Founder, Inflection Point Ventures said, “The thrifting movement is gaining a lot of popularity in India.  It makes luxury fashion more accessible and affordable, along with driving sustainable and mindful consumption. We’re very excited to be a part of this, along with Ziniosa, and be able to offer high-end, quality fashion items to a growing market in India.” 

About Ziniosa 

Founded in 2020 by Ashri Jaiswal and Varun Ramani, the Bangalore-basd Ziniosa has quickly become a leader in India’s secondhand luxury fashion market. It offers over 10,000 verified pre-owned items in seven categories, including top brands like Louis Vuitton, Gucci, and Chanel.

Ziniosa also runs a warehouse there. The company grows 40% every year and has Rs. 15 crore worth of products, all sourced at no cost. This zero-inventory cost model helps Ziniosa earn higher profits and lowers financial risks. Now, the platform lists more than 30,000 products and has over 60 brands. Ziniosa is profitable with very little spending.

Ziniosa is the exclusive partner for pre-owned fashion on Tata Cliq Luxury. It has also been supported by NSRCEL at IIM Bangalore and by NASSCOM/CWE. 

The platform has a strong 80% sell-through rate, which is among the highest in the industry.

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