

Fashion quick commerce startup ZILO has raised $15.3 million (Rs 140 crore) in a Series A funding round, signaling growing investor conviction that “fast fashion delivery” can become a repeatable, scalable category in India.
From Global Martech Alliance’s lens—helping teams discover, evaluate, and adopt the right tools—this round is most interesting for what it will force across the stack: sharper demand prediction, tighter catalog and inventory systems, faster customer communications, and more measurable retention loops.
The Series A round was led by Peak XV Partners, which invested $8 million, while existing investors InfoEdge Ventures and Chiratae Ventures participated with $2.5 million each.
Alteria Capital and Stride Ventures also joined the round, alongside angel investors including Lalit Keshre (Groww), Kunal Shah (CRED), Sachin Oswal, Ayyappan R, Abhishek Bansal, Sreevathsa Prabhakar, and Preeta Sukhtankar.
ZILO previously raised $4.5 million in seed funding (June last year) led by Info Edge Ventures and Chiratae Ventures.
The company plans to use the new capital to scale operations, invest in technology, expand to new markets, and strengthen its supply chain.
ZILO currently operates in Mumbai and plans to expand to additional cities over the next 12–14 months.
ZILO was co-founded by former Flipkart and Myntra executives Padmakumar Pal and Bhavik Jhaveri, and it positions itself around apparel delivery within 60 minutes.
Unlike grocery or essentials, fashion purchase decisions are driven by fit, look, occasion, and “do I love it right now?”—which means the post-click journey (trial, return, exchange) is often as important as the ad that caused the click.
ZILO’s proposition includes home trials and instant returns, which is a deliberate attempt to remove the most common friction point in online fashion: uncertainty.
From a marketing-operations standpoint, that “trial + instant return” promise changes the funnel design in three ways:
ZILO works with more than 200 brands, which implies a catalog and merchandising challenge that looks closer to a marketplace than a single-brand D2C play.
It also follows a vertically integrated model that combines dark stores and brand outlets to manage inventory and delivery timelines.
In quick commerce, speed is rarely just a logistics story—it’s a systems story: item-level availability, pick/pack accuracy, rider allocation, and exception handling have to be coordinated in near-real time.
Here’s the strategic nuance marketers should notice: “60 minutes” is not only a delivery SLA; it’s a brand promise that can power stronger intent capture and higher repeat behavior, but only if experience stays consistent city by city.
That’s why the stated use of proceeds—scaling operations, investing in tech, expanding to new markets, and strengthening supply chain—matters more than the headline number.
When a company expands across cities in a 12–14 month window, the biggest risk isn’t awareness; it’s operational variance that breaks trust and drives CAC up.
Entrackr notes that Mumbai-based quick commerce fashion platform KNOT recently raised $5 million in a funding round led by 12 Flags.
ZILO also competes with Slikk and Myntra, and Myntra has expanded its quick fashion delivery offering to additional cities.
That combination—venture-backed specialists plus an incumbent with distribution power—usually accelerates the pace of experimentation in pricing, selection, and retention mechanics.
For brands, this means new performance channels are emerging (quick commerce fashion platforms as acquisition partners), but brand control questions also intensify: how is your inventory represented, how are discounts applied, and how is customer data shared back?
Global Martech Alliance’s mission is to simplify how marketing teams discover, evaluate, and adopt tools using comparisons, reviews, and practical resources, with an emphasis on clarity and transparency.
So let’s translate ZILO’s move into the “what tools and workflows win next?” view—because this is where most fast-scaling commerce companies either build an advantage or drown in complexity.
If you promise 60-minute fashion delivery, the product page can’t be loosely accurate; it must be operationally true at the pin-code level.
That typically requires tighter integration across: catalog, inventory, order management, delivery orchestration, and customer comms.
What marketers should care about: when availability is unreliable, you spend more to acquire the same user, and you burn that user’s trust on the first order.
A reliable “truth layer” reduces cancellation rates and improves ad efficiency because your paid traffic doesn’t land on dead ends.
ZILO’s model includes home trials and instant returns, which will naturally increase event volume after delivery (trial scheduled, trial completed, return initiated, exchange completed, kept item).
That gives the company an opportunity most fashion e-commerce players underuse: lifecycle marketing based on decision stage, not just purchase stage.
Practical lifecycle flows that fit this model:
To make those flows profitable, the north-star KPI can’t just be conversion rate; it has to be contribution margin per cohort after returns.
In quick commerce, everyone can copy “fast.”
Differentiation shifts toward selection quality, reliability, and “I can try at home without hassle,” which ZILO explicitly features.
If you’re building campaigns for this category, your winning creative angles will likely rotate between:
Fast fashion delivery at city-level constraints means you can’t recommend what you can’t fulfill quickly.
So personalization has to be “inventory-aware” to avoid pushing unavailable SKUs, which causes disappointment and increases return/cancel likelihood.
This is where a practical martech approach matters: start with the minimum viable personalization (size, preferred fits, preferred brands, price bands), then connect it to local availability.
As cities expand, the model must learn new demand curves without breaking the brand promise in the early weeks.
Working with 200+ brands increases the need for partner-grade analytics: sell-through, returns by SKU, size issues, customer feedback themes, and promo effectiveness.
If ZILO becomes a meaningful channel, brands will ask: what is incremental, what is cannibalized, and what is the lifetime value of customers acquired via this “60-minute” context?
Expect partner negotiations to include data-sharing expectations, merchandising placement, and SLA commitments—because the platform’s experience directly affects brand perception.
ZILO’s expansion plan (new cities over 12–14 months) and its intent to invest in technology and supply chain tell us the next phase of quick commerce growth will be less about “launching ads” and more about compounding operational reliability into marketing efficiency.
As more players enter (including incumbent platforms expanding quick delivery), CAC inflation is likely, and the companies that win will be those that turn logistics performance into a measurable brand asset.
From the Global Martech Alliance viewpoint—where “choosing the right tools should be simple and transparent” and decisions should be grounded in real-world examples—this is a reminder that martech and ops are now inseparable in commerce.
If your customer promise is speed + convenience, your marketing stack must be built to reflect reality in real time, and your analytics must report “net outcomes” (kept orders, repeat rates, margin after returns), not vanity conversions.