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GenZ women-focused fashion startup Outzidr raises Rs 30 crore in a Seed round

  • Outzidr, a Gen Z women-focused fashion startup, has raised Rs 30 crore ($3.5 million) in a seed funding round led by Stellaris Venture Partners.
  • The funds will be used to strengthen the supply chain, enhance technology, expand the team, and improve brand development and inventory management capabilities.
  • Outzidr follows a 'test-and-react' approach to trend adoption, launching new styles in small batches and scaling only the most promising products.
  • The startup plans to shift 90% of its manufacturing base to India within two years and aims to achieve an annual revenue run rate of Rs 100 crore in the next 6-8 months.

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