New Delhi: GenZ focused women’s fashion brand, Outzidr has secured Rs 30 crore in a seed funding round led by Stellaris Venture Partners, the company said in a press release on Tuesday.
The company plans to utilise the funds to strengthen brand visibility, invest in supply chain agility, and scale its tech-driven ‘test and quick react’ product model.
“At Outzidr, we’re combining technology, analytics, and a strong network of partners to build a scalable, quick-react fashion ecosystem. The capabilities we are building allows us to provide high width, low MOQ and low inventory – in a highly scalable way. Further, the nature of this category gives us an opportunity to become a brand with global relevance in times to come,” said Nirmal Jain, CEO and co-founder, Outzidr.
Founded in 2024 by fashion veterans Nirmal Jain, Mani Kant Mani, and Justin Mario, the company aims to hit an annualised revenue run rate of Rs 100 crore in the next 6 to 8 months.
