Zouk, an Indian-primarily based vegan fashion and lifestyle model, has lifted $1.5 million in its pre-collection A funding spherical. The spherical was led by Stellaris Undertaking Associates, with contributions from the founders of Wow Skin Science and present buyers Titan Funds.
Zouk, which by now has 50,000 clients throughout India, suggests it will use the funding to grow nationwide and crack into new markets somewhere else in the entire world. The company also strategies to maximize the number of products it delivers.
Now, Zouk’s portfolio options purses, purses, wallets, laptop bags, tote luggage, and additional. All merchandise are vegan, handcrafted in India, and PETA-approved. They are offered by way of the brand’s on the internet retail outlet.
The vegan way of living is commencing to take off in India, with cruelty-totally free skincare manufacturer Plum boosting $14.9 million in its Collection B funding spherical previous yr. Plant-centered eating is also on the increase in the place, with a enormous range of new products and solutions becoming introduced and startups commencing to disrupt the egg and dairy industries.
“In Stellaris, we have uncovered the correct companion, who can tutorial us to turn out to be an iconic brand in the coming yrs,” explained Disha Singh, Co-Founder and CEO of Zouk. “Our very first milestone is to scale Zouk to a Rs 100 crore brand in the subsequent few of years.”