ZYOD, a B2B fashion sourcing platform, has secured $18 million in Series A funding to expand its global presence and enhance operational efficiencies.

Target Overview

ZYOD, a B2B fashion sourcing and manufacturing platform based in Gurugram, India, has recently secured $18 million in a Series A funding round led by RTP Global, with contributions from Lightspeed Venture Partners, Alteria Capital, Stride Ventures, Stride One, and Trifecta Capital. This marks the company's second funding round in just 15 months, following a successful $3.5 million seed round in April 2023. The rapid financial backing underscores investor confidence in ZYOD’s mission to revolutionize the fashion sourcing process, making it seamless, scalable, and borderless for brands of all sizes.

Founded by Ankit Jaipuria and Ritesh Khandelwal, ZYOD aims to tackle the inefficiencies commonly associated with traditional fashion sourcing, including high minimum order quantities and extended lead times. The platform is designed to cater to various brands, ranging from emerging startups to established retail giants, enabling them to design, source, and manufacture apparel swiftly and flexibly. Already, ZYOD has partnered with major Indian brands like Reliance, Aditya Birla, Rare Rabbit, and FirstCry, and is targeting an ambitious expansion to double its customer base while rolling out 100,000 unique designs monthly.

Industry Overview

The fashion industry in India is rapidly evolving, characterized by a growing demand for innovative sourcing solutions. As technology advances and consumer preferences shift towards personalized and on-demand products, companies li