Fashion quick commerce startup Zilo raises $15.3 million led by Peak XV Partners

February 5, 2026

Fashion quick commerce startup Zilo raises .3 million led by Peak XV Partners

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Synopsis

The funding round also saw participation from angel investors including Groww founder and CEO Lalit Keshre, Cred founder Kunal Shah and Ayyappan R, founder of FirstClub. Founded in February last year by Padmakumar Pal and Bhavik Jhaveri, Zilo has already raised nearly $20 million in funding.

ETtech

Padmakumar Pal (Left) and Bhavik Jhaveri, founders, Zilo

Zilo, a fashion quick commerce startup founded by former Flipkart and Myntra executives, has raised $15.3 million in funding led by Peak XV Partners, according to a company statement. Existing…

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