VC Fund Investments
Gen Z apparel brand Outzidr raises Rs.30-Cr led by Stellaris Venture Partners
Bengaluru-based online fashion retailer Outzidr has raised INR 30 crore in a funding round led by Stellaris Venture Partners with participation from angel investors, including Ramakant Sharma (LivSpace) and Ghazal Alagh (Mamaearth).Founded by Nirmal Jain, Mani Kant Mani, and Justin Mario in 2024, the company went live with its D2C (direct-to-consumer) platform earlier this year. It aims to reach INR 100 crore of annualised run rate in the next 6-8 months.The new funds will be used to strengthen the platform, hire talent, enhance technology, build partnerships and maintain inventory.
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