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.
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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.
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04:16 PM IST