ZYOD, a tech-enabled fashion manufacturing platform offering seamless solutions from design to delivery, has secured USD 18 Million in its Series A round of funding.
This investment round was led by RTP Global and also saw participation from existing investors Lightspeed and Alteria Capital and new investors Stride Ventures, Stride One, and Trifecta Capital.
With the vision of taking ‘India to the world’, ZYOD will leverage the new funding to grow its operations across more than 40 countries. The company aims to navigate through a new phase of growth, focusing on technological advancements and talent acquisition, while continuing to disrupt India’s apparel manufacturing ecosystem.
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ZYOD raised USD 3.5 million in the previous seed funding round which was led by Lightspeed. Over the past year, the company has positioned itself as a leading player in the Business-to-Business fashion manufacturing ecosystem, while serving over 350 customers across 18+ countries, democratizing and simplifying fashion sourcing for a broader spectrum of brands.
ZYOD with its forward-looking approach and sustainable business model will continue to embrace the rise of fast fashion globally. The company is modularizing fashion styles, using data to boost efficiency, and employs smart ERP solutions to optimize and scale its supply chain. Through these strategies, ZYOD is setting a new standard in international apparel manufacturing.
AnkitJaipuria, Co-founder, ZYOD, said: “The fresh round of funding underscores the strong support and confidence in ZYOD’s vision to revolutionize the global fashion manufacturing industry. With this funding we will continue to collaborate closely with local hand picked manufacturers, leveraging our deep expertise in manufacturing to unlock a new phase of growth. Our focus will remain on tech advancements, bringing in more talent and continuing to transform India’s apparel manufacturing ecosystem.”
RiteshKhandelwal, Co-founder, ZYOD, said: “With this new milestone, ZYOD has uniquely positioned itself as a leading player in the fashion industry worldwide. Our proposition of providing 5X faster sourcing enables global brands to source high-quality clothes with unmatched speed in a rapidly changing industry. With our flexible MOQs, we empower brands, retailers and wholesalers to test new markets while avoiding the risk of high bulk orders, thereby making their businesses more sustainable. Looking ahead, we aim to double our customer base, introduce 100,000 unique designs every month catering to a global audience and keep innovating to stay ahead of the industry trends.”
NishitGarg, Partner on RTP Global’s Asia investment team, said: “At RTP Global, we champion visionary founders at the forefront of technological innovation who are redefining industries. ZYOD leverages tech to refine every facet of the production process, right from a modular design approach to optimizing operations at the factory level. We are excited to support ZYOD as they expand their transformative platform internationally, showcasing the potential of Indian entrepreneurship on the global stage”.
About ZYOD
ZYOD was founded in 2023 by AnkitJaipuria and RiteshKhandelwal with a vision to make apparel manufacturing hassle-free while making quality fashion more accessible and affordable. Offering a diverse catalog of 10,000 unique styles monthly with rapid turnaround times and flexible MOQs, ZYOD is rapidly transforming the manufacturing space.
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