Entreprenuernewsnetwork

Fashion-Tech Startup ZILO Raises $4.5 Million Seed Funding to Expand Rapid Delivery Service

ZILO, a fashion-tech startup revolutionizing quick commerce in the apparel sector, has raised $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures. The capital will enable ZILO to accelerate its journey towards product-market fit, reinforce its hybrid supply chain, build strategic brand partnerships, and expand operations beyond Mumbai into other major … Read more

Walmart backed Flipkart Invests $116 Million in Myntra

Walmart-backed-Flipkart-Invests-116-Million-in-Myntra

According to regulatory papers issued by the firm, Walmart-backed Flipkart invested $116 million in apparel retailer Myntra on March 25th. The news comes just days after the e-commerce giant announced that it will list in the United States next year and that its IPO valuation target has been upped by a third to $60-70 billion. … Read more