Fashion-tech startup Zilo closes 4.5 million dollars seed round

Zilo, an innovative Indian fashion-tech platform, has successfully raised 4.5 million dollars (over Rs 38 crore) in a seed funding round. The investment was co-led by prominent venture capital firms Info Edge Ventures and Chiratae Ventures, as confirmed by a company statement. This fresh capital is earmarked to significantly bolster Zilo's operations, enabling it to construct a robust hybrid supply chain, forge deeper collaborations with fashion brands, and extend its footprint beyond Mumbai into other major Indian cities by the close of the year.