Zyod, a B2B fashion marketplace, has successfully raised $18 million in funding through a combination of equity and debt. The equity funding round was led by RTP Global, with participation from existing investor Lightspeed Venture. On the debt side, the funding came from Stride Ventures, Trifecta Capital, and Alteria Capital.
The funding will primarily be used to accelerate Zyod’s international expansion efforts. Currently operating in 18 countries, Zyod aims to expand its presence to over 40 countries by the end of the fiscal year. Key markets include the US, UK, Middle East Asia, and Japan.
Zyod intends to strengthen its technological capabilities to optimize supply chain operations, predict production gaps, and adapt to design trends more effectively. The company emphasizes leveraging technology across its production processes, from modular design approaches to factory-level operations optimization.
Founded by Ankit Jaipuria and Ritesh Khandelwal, Zyod collaborates closely with apparel brands throughout the design and manufacturing phases, aiming to reduce inventory wastage and improve supply chain efficiency. The firm employs approximately 100 professionals across various roles and is poised to expand its sales teams internationally.
With a current annualized revenue run-rate in the “double-digit million dollar” range, Zyod is targeting significant revenue growth for FY25. The company anticipates that 80% of its business will originate from international markets in the coming years, with an evolving client mix shifting from larger enterprises to smaller, longtail clients over time.