Indian fashion startup Zyod has closed an $18 million Series A round. Investors include RTP Global, Lightspeed Venture Partners, Alteria Capital, Stride Ventures, Stride One and Trifecta Capital.
Subscribe to RB.RU on Telegram
Leonid Boguslavsky’s RTP Global has invested in Indian fashion startup Zyod
The funds raised will be used to expand the team and enter new markets, from 18 to 40 countries, the company announced on its LinkedIn profile.
Zyod was founded in 2023 by Ankit Jaipuria and Ritesh Khandelwal. They launched a B2B platform for apparel sourcing and manufacturing. The company expects that in the coming years, overseas markets will account for 80% of the startup’s business.
This is not the first time that RTP Global has invested in Indian startups. The fund has previously invested in SydeLabs, Dexif, Varaha and International Battery Company (IBC).
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
