ZYOD, a Gurgaon-based startup specializing in apparel sourcing and manufacturing, has secured $18 million in its Series A funding round. RTP Global led this investment round, with participation from existing investors Lightspeed and Alteria Capital, as well as new investors Stride Ventures, Stride One, and Trifecta Capital.
In a press release, ZYOD announced its intention to utilize the funding to expand operations across more than 40 countries. The startup emphasized plans for technological advancements, talent acquisition, and ongoing disruption of India’s apparel manufacturing ecosystem.
Ankit Jaipuria, Co-founder of ZYOD, expressed, “With this funding, we will continue to collaborate closely with handpicked local manufacturers, leveraging our deep manufacturing expertise to unlock new growth opportunities.”
ZYOD had previously raised $3.5 million in a seed funding round led by Lightspeed. The company highlighted its use of data-driven approaches to enhance efficiency and integration of ERP solutions to scale and optimize its supply chain.
Ritesh Khandelwal, Co-founder of ZYOD, noted, “With our flexible Minimum Order Quantities (MOQs), we empower brands, retailers, and wholesalers to explore new markets without the risk of high-volume orders, thereby enhancing business sustainability.”
Looking forward, ZYOD aims to expand its customer base, introduce 100,000 unique designs monthly for a global audience, and continue innovating to stay ahead in the industry.
In the past year, ZYOD has solidified its position as a key player in the Business-to-Business (B2B) fashion manufacturing sector, serving more than 350 customers across over 18 countries.
Nishit Garg, Partner at RTP Global’s Asia investment team, commented, “ZYOD leverages technology to streamline every aspect of the production process, from modular design approaches to factory-level operational optimizations. We are excited to support ZYOD as they expand their transformative platform globally, showcasing Indian entrepreneurship on the global stage.”
