B2B apparel sourcing platform Zyod raises $3.5 M led by Lightspeed

Zyod, a Gurugram-based business-to-business (B2B) apparel sourcing and manufacturing platform, has raised USD 3.5 million (INR 28.75 crore) in a seed funding round led by venture capital (VC) firm Lightspeed. The round also saw participation from US-based venture funds FJ Labs and Panthera Peak Capital, along with angel investors such as Tracxn co-founder Abhishek Goyal, and Abhinav Sinha of OYO, among others. Zyod will use the funds to further strengthen its tech platform and hire across multiple verticals.