Jaipur: The Pink City-based fashion manufacturing platform Zyod has raised $18 million (Rs 150 crore) in its series A funding round. The investment was led by RTP Global , with participation from existing investors Lightspeed and Alteria Capital, as well as new investors Stride Ventures, Stride One, and Trifecta Capital. Zyod plans to use the new funding to expand its operations to more than 40 countries, aligning with its vision of taking “India to the world.
” The company will focus on bolstering its tech and talent acquisition. Ritesh Khandelwal, co-founder of Zyod, said, “With this new milestone, Zyod has 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.
” In the previous seed funding round, Zyod raised $3.5 million, led by Lightspeed. Currently, the business-to-business fashion manufacturer serves over 350 customers across more than 18 countries simplifying fashion sourcing for a wide range of brands.
Ankit Jaipuria, co-founder of Zyod, said, “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.” Started in 2023, the startup has been streamlining the overall supply chain in the sector by addressing gaps such as lack of transparency and high order quantities in the un.
