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Preloved luxury fashion platform Ziniosa raises funding from Inflection Point Ventures

  • Ziniosa, a Bengaluru-based preloved luxury fashion platform, has secured an undisclosed amount in funding from Inflection Point Ventures (IPV).
  • The funding will be utilized to boost growth by expanding the team, increasing consumer awareness, enhancing technical capabilities, and opening a physical store.
  • Ziniosa, founded in 2020 by Ashri Jaiswal and Varun Ramani, operates an online platform for secondhand luxury fashion items and has seen a YoY growth rate of 40%.
  • The startup operates on a zero-inventory acquisition cost model, focuses on authenticity, and aims to expand its product offerings to meet the growing demand in the luxury resale market.

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