28 June, Mumbai 2025
A pioneering Mumbai-based quick delivery platform focused on fashion, Zilo has successfully raised $4.5 million in seed funding. The round was co-led by prominent venture capital firms Info Edge Ventures and Chiratae Ventures. This significant capital injection will empower the startup to enhance its unique hybrid supply chain model, achieve strong product-market fit, forge partnerships with a broader array of brands, and strategically expand its operations.
The current landscape is cluttered, overwhelming, and often unreliable, especially for discerning consumers who prioritize both convenience and style, states Padmakumar Pal, Co-founder & CEO, who previously held a Vice President role at Flipkart and Myntra. Zilo is meticulously designed to cut through this noise, reignite the joy of discovery, and deliver fashion precisely the way it should be, he adds.
Founded in 2025 by Padmakumar Pal and Bhavik Jhaveri, Zilo operates as an online fashion marketplace. It offers trending fashion outfits from a diverse portfolio of brands, including popular names like Louis Philippe, United Colors of Benetton, Jack & Jones, Rare Rabbit, Puma, Reebok, Snitch, Andamen, The Souled Store, Manyavar, and Veromoda, among others. A key differentiator for Zilo is its commitment to delivering trending clothes in an impressive 60 minutes. The company also plans ambitious expansion, aiming to offer over 250 brands and nearly 100,000 styles, with category expansions into footwear, watches, and bags by the upcoming festive season.
Kitty Agarwal, Partner, Info Edge Ventures, highlights, Info Edge Ventures' other quick commerce investments have consistently demonstrated three core consumer truths: speed sparks adoption, personalization grows conversions and basket size, and trust in consistent delivery fuels loyalty and frequency. Zilo founders will set the new standard for convenience, customization, and confidence in fashion, she adds.
The Indian quick commerce market has witnessed remarkable growth, expanding more than fourfold from $0.5 billion in FY22 to $3.3 billion in FY24. This rapid expansion signifies a fundamental shift in how convenience is perceived, with nearly one in three urban Indian shoppers now relying on quick commerce platforms for their primary grocery needs. As urban consumers increasingly seek access to trend-led fashion and lifestyle products through the same seamless, on-demand channels, the boundaries of quick commerce are rapidly evolving beyond just groceries. Zilo is strategically positioned to capitalize on this expanding trend, bringing the speed and efficiency of quick commerce to the dynamic world of fashion.
