Peak XV Partners Leads $15.3M Series A for Indian Fashion Tech Startup Zilo
Bengaluru-based fashion tech startup Zilo has raised $15.3 million in a Series A funding round led by Peak XV Partners. The investment aims to enhance Zilo's AI-driven apparel design and supply chain automation, targeting India's $100 billion textiles market. Founded by NIFT alumni, Zilo's platform reduces design-to-delivery time from 90 days to 14 and minimizes material waste by 40%. The funding will also support international market expansion and the development of new technologies such as virtual fitting room APIs and blockchain tracking.
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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.
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