India’s Fashion Tech Startup Zyod Secures $18 Million Funding to Expand Globally

Estimated read time 3 min read

Overview

Zyod is an Indian startup that has been making waves in the global fashion industry by providing its cutting-edge tech platform to top brands. With a recent funding of $18 million, Zyod aims to expand its presence to over 40 countries worldwide and become the go-to partner for fashion houses.

What is Zyod?

Zyod is an Indian startup founded in early 2023 by Ankit Jaipuria and Ritesh Khandelwal. The company has developed a tech-enabled platform that helps global fashion brands streamline their design-to-delivery process. By leveraging the power of technology, Zyod enables factories to optimize their capacity utilization, reduce costs, and improve productivity.

How Does Zyod Work?

At its core, Zyod’s platform is an Enterprise Resource Planning (ERP) software that acts as the "brain" of manufacturing. It tells factories what needs to be produced, how it should be made, and when it should be made to ensure maximum utilization of their capacity. The startup has developed a daily production reporting system that provides a day-to-day action plan for factories.

This is in stark contrast to traditional methods where factory owners manage operations through paper and pen or via WhatsApp. Zyod’s platform ensures that all instructions are given digitally, making it easier to track progress and make changes as needed.

Impact on the Fashion Industry

Zyod has made significant strides in the fashion industry since its inception. The startup currently serves over 550 customers across 18 countries and has added about 400 new customers in the last 12 months alone. Major brands such as Reliance Industries, Aditya Birla, Urban Research, Anthropologie, NEXT, Boohoo, and VAN-DOS have partnered with Zyod to streamline their operations.

Benefits of Using Zyod

Increased Efficiency

Zyod’s platform enables factories to optimize their capacity utilization, reducing waste and improving productivity. This leads to increased efficiency and reduced costs for the brands using its services.

Improved Quality Control

With Zyod’s platform, brands can ensure that all orders are fulfilled correctly, eliminating the risk of human error. The daily production reporting system ensures that all instructions are followed accurately, resulting in higher-quality products.

Enhanced Customer Experience

By streamlining their operations, brands using Zyod’s services can focus on providing a better customer experience. With faster turnaround times and improved quality control, customers receive their orders on time and with minimal errors.

Future Plans

With the recent funding of $18 million, Zyod plans to expand its presence to over 40 countries worldwide. The company aims to become the go-to partner for fashion houses globally, revolutionizing the industry with its cutting-edge tech-enabled platform.

Conclusion

Zyod is a game-changer in the fashion industry, providing a much-needed solution for brands looking to streamline their operations and improve productivity. With its cutting-edge tech-enabled platform, Zyod is poised to become a leading player in the global fashion industry.

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