Zyod, a startup based in Gurugram, is revolutionising the fashion industry with its cutting-edge technology platform that expedites the complete design-to-delivery process for international fashion brands. Zyod recently raised $18 million in a Series A investment round to support its goals for international expansion, which it intends to pursue in more than 40 nations.
Empowering Factories, Optimizing Production
Zyod’s core offering is an ERP (enterprise resource planning) software solution designed specifically for fashion manufacturing. This “brain of manufacturing,” as Zyod co-founder Ankit Jaipuria terms it, empowers Indian factories by:
- Optimizing production capacity: Zyod tackles the challenge of underutilized capacity in Indian factories (over 80% have utilization below 33%). Their platform intelligently assigns production tasks, maximizing efficiency.
- Streamlined production processes: Zyod eliminates the reliance on paper-based or WhatsApp communication, replacing it with a daily production reporting system for clear action plans.
- Material and pattern optimization: The platform provides factories with precise instructions on materials, cutting patterns, and stitching methods to ensure quality and minimize waste.
Building a Global Fashion Network
Since its founding in early 2023, Zyod has experienced impressive growth:
- Customer Acquisition: Over 550 customers across 18 countries, including major brands like Reliance Industries and Aditya Birla (India), Urban Research (Japan), Anthropologie (USA), NEXT and Boohoo (UK), and VAN-DOS (Spain).
- Mobile App Launch: In January 2024, Zyod launched a mobile app for iOS and Android, catering to long-tail customers and offering order tracking for enterprise clients. Future updates include order approval and live chat functionalities.
Strategic Investment Fuels Expansion
The $18 million Series A round, led by RTP Global with participation from existing investors and new names, will propel Zyod’s global ambitions:
- Geographic Expansion: Zyod plans to establish a strong presence in the Southern Hemisphere, targeting markets like Brazil and Australia. Additionally, they aim to enter under-tapped regions like Africa and Scandinavia.
- Enhanced Prediction and Automation: Zyod will leverage fresh funding to improve its style prediction capabilities based on data analysis. Additionally, the platform will be further automated, allowing brands to input designs and receive optimized patterns.
- Integration with Stitching Machines: To minimize human error, Zyod plans to integrate its software with traditional stitching machines for a more automated production process.
A Bright Future for Fashion Manufacturing
Zyod’s innovative approach is transforming fashion manufacturing:
- Increased Efficiency: By optimizing production processes and factory capacity, Zyod empowers faster turnaround times and cost reductions.
- Improved Quality and Consistency: Zyod’s technology ensures clear communication and precise instructions, leading to higher quality and consistent product output.
- Global Reach for Brands: The platform provides brands with a wider range of manufacturing options, facilitating global expansion strategies.
With its recent funding and ambitious plans, Zyod is poised to become a major player in the global fashion manufacturing landscape. Their commitment to tech-enabled solutions promises a future of greater efficiency, quality, and accessibility within the fashion industry.
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