A B2B fashion platform, Zyod secured $18 million in a mix of equity and debt funding round led by  venture capital RTP Global. The round had the participation of new and existing investors including  Lightspeed Ventures. The firm raised debt capital from Stride Ventures, Alteria Capital, and Trifecta  Capital. The co-founder of Zyod, Ankit Jaipuria told ET that most of this funding was in primary equity.  

The startup plans to use these fresh proceeds to expand it’s the categories it sells and increase its  customer base. The company offers services in 18 countries and plans to spread its network to more  than 40 countries including the UK, the US, Japan, and Middle East Asia. This fashion brand will also  focus on strengthening its tech capabilities, and meet production gaps while meeting design trends. The partner at RTP Globals’s Asia investment team, Nitish Garg showed histrust in the startup’s market  potential and business model. The firm provides a fashionable and stylish collection of clothes created  by integrating them with fashion trends worldwide. 

Zyod employs more than 100 workers including designers, supply executives, engineers, and sales  executives. The company is looking to expand its sales team globally. The company works together  with design teams to offer new ideas and designs. The supply side of the firm for the purchase of  smaller batches reduces inventory wastage and improves efficiency. The startup is expecting a three times increase in its revenue run rate by FY25.  

The clothing manufacturing startup previously secured 3.5 million USD in a funding round from its  existing investor Lightspeed Venture. The company expects to have more than 80 percent of its  businesses from international markets and the majority of it may come from larger enterprise clients. This firm offers its products to various apparel brands including NEXT, Landmark Group, FirstCry, and  Rare Rabbit.  

Conclusion: 

Zyod is a B2B fashion startup that secured $18 million in a funding round led by RTP Global. This round  was a mix of debt and equity funding and has investments from its existing investor Lightspeed  Ventures. The company raised debt capital from Stride Ventures, Alteria Capital, and Trifecta Capital.  The co-founder of Zyod, Ankit Jaipuria told ET that most of this funding was in primary equity. The  company offers services in 18 countries and plans to spread its network to more than 40 countries including the UK, the US, Japan, and Middle East Asia.

This fashion brand will also focus on  strengthening its tech capabilities, and meet production gaps while meeting design trends. The  company works together with design teams to offer new productive ideas and solutions. The supply  side of the firm for the purchase of smaller batches reduces inventory wastage and improves efficiency. The company claims to have more than 100 employees including engineers, designers, supply executives, and sales executives. The company manufactures clothes by keeping up with recent market  trends. Zyod is expected a three-time jump in its revenue for FY25.