PE-VC Fund Investments
Fashion-focused quick commerce player Zilo raises $15.3 M led by Peak XV Partners
Mumbai-based, fashion-focused quick commerce startup Zilo has raised USD 15.3 million in a funding round led by Peak XV Partners with participation from existing investors InfoEdge Ventures and Chiratae Ventures, along with angel investors including founder Lalit Keshre (Groww), Kunal Shah (Cred), and Ayyappan R (FirstClub).Founded in 2025 by Padmakumar Pal and Bhavik Jhaveri, Zilo claims to deliver outfits and products within 60 minutes to customers.The fresh funds will be used by the company to scale its operations, invest in technology, and expand into new markets.
In May-25, Zilo Retail had attracted about USD 4.6 M from Chirate Ventures and Info Edge.
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