Zouk Raises $1.5M From Stellaris Venture Partners, Titan Capitals And Others
- ByAyushi Ray | July 21, 2021
Mumbai based D2C lifestyle brand Zouk raises $1.5M from Stellaris Venture Partners, Titan Capitals and others. Positioning itself as a 100 percent PeTA-approved vegan lifestyle brand for bags, wallets, and accessories, Zouk aims to utilise this funding in expanding its presence in India and new global markets like the US, Canada, Europe, and the Middle East, in addition to expanding its team in India. “D2C is a massive opportunity. We need to break it down to tier-geography. Hit one geography first, make a playbook for ourselves, and then expand to different geographies. The geographies we are targeting now, we have already done bespoke orders and have been testing waters there. Our first milestone is to scale Zouk to a 100 crore brand in the next couple of years. We then want to chart the path to hitting Rs 1,000 crore in the next few years,” says Disha Singh, founder of Zouk.
Zouk is also looking to strengthen its supply chain and distribution channels, and extend its product line to offer contemporary products, thereby building the category, and encouraging market acceptance of a cruelty-free lifestyle. In January 2021, Zouk raised seed capital from Titan Capital, Beardo Founders Ashutosh Valani and Priyank Shah, and Mamaearth Founders Ghazal Alagh and Varun Alagh. Zouk was founded in 2016. They have gained over 50,000+ customers, and have grown four times as well in the last seven months, Zouk aims to double its consumer base every six months for the next five years.
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