CosmicTaco

Zouk Secures $10M in Series B Funding Led by Aavishkaar Capital

CosmicTaco · 2024-10-24T09:15:51.295724+05:30

- Zouk, a D2C luggage brand, has raised $10M in a Series B round led by Aavishkaar Group. - The funding will be used to expand its network of exclusive brand outlets and enhance marketing efforts. - The company specializes in handmade products crafted from 100% vegan leather sourced in India. - Zouk is expected to be valued around $50M following this funding round. - Despite increasing revenues, the company's losses also increased in the last fiscal year. Source: [Entrackr](https://entrackr.com/news/d2c-brand-zouk-raises-10-mn-led-by-aavishkaar-capital-7349234)

Zouk, a D2C luggage brand, has raised $10M in a Series B round led by Aavishkaar Group.
The funding will be used to expand its network of exclusive brand outlets and enhance marketing efforts.
The company specializes in handmade products crafted from 100% vegan leather sourced in India.
Zouk is expected to be valued around $50M following this funding round.
Despite increasing revenues, the company's losses also increased in the last fiscal year.

Source: Entrackr