B2B apparel startup Zyod, tech startup Dozer raise funding
Zyod has received $3.5 million in seed funding led by Lightspeed Venture Partners while Dozer's $3 million seed round was led by Surge.
Business-to-business (B2B) apparel sourcing and manufacturing startup Zyod has received $3.5 million in seed funding led by Lightspeed Venture Partners. FJ Labs, Panthera Peak Capital, and angel investors like Ravi Khandelwal, Abhishek Goyal, Abhinav Sinha, and Gaurav Hinduja also participated in the round.
The startup will use the funding to strengthen its technology platform and expand its team, according to a press release.
Gurgaon-based Zyod was founded by Ankit Jaipuria and Ritesh Khandelwal in 2023. It partners with small and medium apparel manufacturers and suppliers and allows fashion brands to use its platform to source products at the best possible minimum order quantity (MOQ).
The startup claims to have served more than 150 customers across 13 counties.
ALSO READ: CometChat secures Rs 40 crore in venture debt
Dozer gets $3 million led by Surge
Dozer, an open-source data infrastructure platform, has raised $3 million in a seed round of funding led by Sequoia Capital India's accelerator programme Surge.
Gradient Ventures and January Capital also participated in the round.
Dozer was founded by Vivek Gudapuri and Matteo Pelati. Through the platform, engineers may easily create APIs from many data sources without sacrificing performance. It will use the funding to scale its product and engineering teams.
Surge was started in 2019 and helps startups to raise funds through its programme. It invests $1-$3 million in a pre-seed rounds and seed rounds for early-stage startups.
Dozer is an open source and was created using the low-level programming language Rust, which is renowned for its quick performance and memory safety. Rust may also be expanded to handle other data sources or transformations. The platform wants to make investments in real-time, data-driven solutions that provide customers with a 10x better experience.
ALSO READ: BYJU's all set to raise $500-$700 million led by top VC firms
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Retirement Planning: In how many years your Rs 25K monthly SIP investment will grow to Rs 8.8 cr | See calculations
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations
04:16 PM IST