B2B Apparel Procurement Platform Zyod Bags $3.5 Mn

0
85

Zyod, a B2B apparel sourcing and manufacturing platform, has raised $3.5 million in a seed funding round led by Lightspeed, with participation from FJ Labs, Panthera Peak Capital, and angel investors including Tracxn co-founder Abhishek Goyal and Abhinav Sinha of OYO. The startup will use the funds to scale hiring, upgrade its tech stack, and add more manufacturers and suppliers to its platform. Zyod offers an end-to-end design-to-deliver solution for fashion brands, using its agile supply chain to procure products within 21 days with a minimum order quantity as low as 50 pieces. In the past three months since its inception, the startup claims to have served over 150 customers across 13 countries.

Zyod’s platform aims to provide faster sourcing at a lower minimum order quantity (MOQ) compared to industry standards. According to cofounder Ankit Jaipuria, the platform’s agile supply chain solutions can help companies of all sizes, from big fashion houses to new upcoming brands, procure products within 21 days with as low as 50 pieces as the minimum order quantity. This unique combination of faster sourcing and lower MOQs makes Zyod an attractive option for global brands and buyers.