Led by Lightspeed, the round also saw participation from US-based venture funds FJ Labs and Panthera Peak Capital
The startup will use the funds to strengthen its tech platform and hire across multiple verticals
Zyod competes with the likes of homegrown startups such as Fashinza, Groyyo, ReshaMandi and Geniemode in the B2B apparel procurement space
B2B apparel sourcing and manufacturing platform Zyod has raised $3.5 Mn (INR 28.75 Cr) 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 cofounder Abhishek Goyal, and Abhinav Sinha of OYO, among others.
Speaking to Inc42, Zyod’s cofounder Ankit Jaipuria said that the startup will use the funds to further strengthen its tech platfor