ZILO Raises $4.5M to Redefine Fast Fashion in India

Investorsync desk1 min read

Deal sheet

$4.5M

Stage
Seed
Sector
FashionTech, Commerce
Announced
27 June 2025

Mumbai-based ZILO, a fashion-tech startup delivering premium apparel in under 60 minutes, has raised $4.5 million in seed funding. The round was co-led by Info Edge Ventures and Chiratae Ventures.

ZILO is a blazing-fast fashion delivery platform that blends Amazon-style speed with Myntra-style curation. Think on-demand fashion with real-time inventory, try-at-home, and instant returns.

Founded by Padmakumar Pal (Former VP at Flipkart & Myntra) and

Bhavik Jhaveri, ZILO already partners with over 250+ brands including Levi’s, Puma, The Souled Store, and UCB. With a hybrid model of dark stores + retail outlets, they’re able to deliver trending looks in under 60 minutes.

The funds will be used to:

→ Refine product-market fit

→ Expand beyond Mumbai into more metros

→ Grow its SKU catalog to 1 lakh+

→ Launch categories like accessories & footwear

→ Scale its try-at-home, no-questions-asked returns policy

“We’re not just solving delivery, we’re reimagining how Indians shop for fashion. Fast, curated, flexible. ZILO is for a generation that expects instant everything,” say the founders.

As competition in hyperlocal fashion delivery heats up (with players like Slikk and Myntra Express), ZILO is doubling down on tech + brand partnerships to stay ahead.

....

Source: company announcement. First posted on the Investorsync LinkedIn page.

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