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Zilo, an Indian fashion tech startup from Bengaluru, secured $15.3 million in a Series A round led by Peak XV Partners. The startup focuses on AI-driven apparel design and supply chain automation, aiming to capitalize on India's $100 billion textiles market.

Zilo's platform uses generative AI to streamline garment design, reducing the design-to-delivery timeline from 90 days to 14 and cutting material waste by 40%. The funding will facilitate the expansion of Zilo's US and European market presence and support the development of digital fashion technologies, targeting the $20 billion digital fashion sector.