Bengaluru-based startup Ziniosa, a leading platform for preloved luxury fashion, has recently raised an undisclosed amount in a funding round led by Inflection Point Ventures (IPV), a Gurugram-based angel investment platform. This investment marks a significant milestone for the company as it aims to transform the circular fashion landscape in India.
Ziniosa, known for offering authenticated designer items, plans to utilize the fresh capital to fuel its next phase of growth. This includes scaling its core team, enhancing its technological infrastructure, and boosting brand visibility across the country. The platform has already established a strong foothold with over 30,000 products and a remarkable 40% year-on-year growth.
A key highlight of Ziniosa’s expansion strategy is the opening of its first physical store, a move aimed at blending online convenience with an offline luxury shopping experience. This brick-and-mortar presence is expected to strengthen consumer trust and engagement.
The startup also focuses on sustainability by promoting the resale of high-end fashion, contributing to India’s growing circular economy. With an exclusive partnership with Tata Cliq Luxury, Ziniosa ensures authenticity and quality for its customers.
Inflection Point Ventures, known for backing innovative startups, sees immense potential in Ziniosa’s zero-inventory model and its mission to lead the preloved fashion revolution. This funding is set to position Ziniosa as a frontrunner in reshaping how luxury fashion is consumed in India.
As the demand for sustainable and affordable luxury grows, Ziniosa’s efforts to build consumer awareness and expand its reach could set a new benchmark for the industry. The company is poised to inspire a shift towards mindful fashion choices.
Maria Lourdes
