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ZILO - About the company

ZILO is a series A company based in Ahmedabad (India), founded in 2025 by Bhavik Hemant Jhaveri and Padmakumar Pal. It operates as a Retailer of branded apparel and fashion accessories offering express delivery services. ZILO has raised $19.9M in funding from investors like Peak XV Partners, Chiratae Ventures and Info Edge Ventures, with a current valuation of ₹*****. The company has 17 active competitors, including 6 that are funded. Its top competitors include companies like Slikk, KNOT and Mintobay.

Company Details

Retailer of branded apparel and fashion accessories offering express delivery services. The platform provides a wide selection of clothing for men, women, and children, facilitating quick fulfillment for various fashion needs. Customers can access a diverse range of styles and brands with the convenience of real-time order tracking and flexible home trial options. The service focuses on providing efficient delivery solutions to ensure that fashion items are available for immediate use.
Website
zilo.one
Social
Facebook
Email ID
*****@zilo.one
Phone Number
+91 **********
Registered Address
14, harmoney status co.op, Science City, Sola, Ahmedabad, Ahmedabad, Gujarat, India, 380060
Key Metrics
Founded Year
2025
Location
Ahmedabad, India
Stage
Series A
Total Funding
$19.9M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 08, 2026
Ranked
Employee Count
19 as on May 01, 2026
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ZILO's funding and investors

ZILO has raised a total funding of $19.9M over 2 rounds. Its first funding round was on May 13, 2025. Its latest funding round was a Series A round on Feb 03, 2026 for $*****. 16 investors participated in its latest round. ZILO has 5 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of ZILO:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 03, 2026
9921113
Series A
8106803
5250102
6897831
8695186
May 13, 2025
9468692
Seed
7700664
6564238
4037208
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ZILO's founders and board of directors

Founder? Claim Profile
The founders of ZILO are Bhavik Hemant Jhaveri and Padmakumar Pal. Padmakumar Pal is the CEO of ZILO.
Here are the details of ZILO's key team members:

ZILO's Board of Directors

ZILO's board has 2 active members. Bhavik Hemant Jhaveri and Padmakumar Jogendra Pal are part of team.
Here is the list of ZILO's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
1y 8m
jmtvbin
Team
-
Past
3y 8m

ZILO's employee count trend

ZILO has 19 employees as of May 26. Here is ZILO's employee count trend over the years:
Employee count trend for ZILO
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ZILO's Competitors and alternates

Top competitors of ZILO include Slikk, KNOT and Mintobay. Here is the list of Top 10 competitors of ZILO, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ZILO
ZILO
2025, Ahmedabad (India), Series A
Retailer of branded apparel and fashion accessories offering express delivery services
$19.9M
59/100
2nd
Logo for Slikk
Slikk
2024, Bengaluru (India), Series A
Retailer of apparel, sleepwear, inner wear, and related fashion items
$13.5M
57/100
3rd
Logo for KNOT
KNOT
2022, Bengaluru (India), Series A
Online platform offering fashion delivery and try-before-you-buy services
$10.1M
54/100
4th
Logo for Mintobay
Mintobay
2011, Bengaluru (India), Unfunded
Brand of casual wear and apparel products
-
-
40/100
5th
Logo for Klydo
Klydo
2025, Bengaluru (India), Seed
Klydo is a Fashion quick-commerce platform with feed-driven discovery, Try Now Pay Later, and 15-minute to 4-hour darkstore delivery from verified brands
$2.14M
39/100
6th
Logo for Booon
Booon
2024, Bengaluru (India), Unfunded
Retailer of apparel, footwear, and accessories for women, men, and kids
-
-
31/100
7th
Logo for Zulu
Zulu
2024, Gurugram (India), Seed
Platform offering a personal shopping assistant
$250K
30/100
8th
Logo for Zyra
Zyra
2024, Bengaluru (India), Funding Raised
Operator of fast‑delivery fashion platform offering apparel and accessories
-
-
28/100
9th
Logo for Getto
Getto
2024, Hyderabad (India), Unfunded
Provider of quick commerce solution connecting fashion stores to customers
-
-
27/100
10th
Logo for Ohh! Buddie
Ohh! Buddie
2024, Kolkata (India), Unfunded
Retailer of apparel, footwear, and accessories for men, women, and kids
-
-
27/100
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Financials of ZILO

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$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
  • Profitability Ratios, Liquidity Ratios, Growth Ratios
  • Audited Financial Statement (AOC-4), Shareholding Pattern

ZILO's Latest cap tables and shareholding

Founders (largest shareholder) own 47.04%, Funds own 45.35%, Angels own 0.11% and ESOP Pool own 7.50%. The net worth of ZILO's founders is INR 227Cr as of Jun 08, 2026. The cap table displayed below is for ZILO TECHNOLOGY PRIVATE LIMITED which is the legal entity associated with ZILO.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
47.04%
227Cr
3057012
3828195
1602475
6815854
9707663
9769418
1149768
9487246
7677858
5834049
6308686
6712369
3429282
1205141
8458816
7886660
Fund
45.35%
218Cr
4726028
2264688
1508774
4187977
6327175
9969073
4800102
1241766
2353977
3275795
7768285
9795106
8414999
7830892
6417048
5004959
3575401
1981671
5299722
6808495
8974528
5306480
Angel
0.11%
55L
0
0
0
0
ESOP Pool
7.50%
36.1Cr
1980425
6882536
5756577
9410162
Total
100.00%
482Cr
5571477
4729036
5839944
6336079
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

ZILO's Investments and acquisitions

ZILO has made no investments or acquisitions yet.

Reports related to ZILO

Here is the latest report on ZILO's sector:

News related to ZILO

Media has covered ZILO for a total of 6 events in the last 1 year, 2 of them have been about company updates.
•
India’s Top 100 Rising Founders 2026Indian Startup Times•Apr 28, 2026•ZILO
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FAQs about ZILO

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