Online fashion marketplace Zilo raises $4.5 M led by Info Edge, Chiratae Ventures

Mumbai-based fashion marketplace that offers quick delivery Zilo has raised USD 4.5 million (INR 38.5 crore) in a seed round led by Info Edge Ventures and Chiratae Ventures.The fresh funds will be used by the company to get product market fit and carry out geographic expansion beyond Mumbai.Founded in 2025 by Padmakumar Pal and Bhavik Jhaveri, Zilo is a retail fashion platform delivering outfits and products within 60 minutes to customers.