IndiaTechDesk - India's Leading Tech and Startup Media Publication
  • Home
  • TOPICS
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Business
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Ecosystem & Lists
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Investments
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • enterprise
    • SaaS
  • Venture capital
  • Events
  • Lists
No Result
View All Result
  • Home
  • TOPICS
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Business
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Ecosystem & Lists
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Investments
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • enterprise
    • SaaS
  • Venture capital
  • Events
  • Lists
No Result
View All Result
IndiaTechDesk - India's Leading Tech and Startup Media Publication
No Result
View All Result
Home E-commerce

D2C Performance Wear Startup Zymrat Secures $500,000 in Seed Funding

IndiaTechDesk Editor by IndiaTechDesk Editor
January 21, 2022
in E-commerce
57 1
0
D2C Performance Wear Startup Zymrat Secures $500,000 in Seed Funding

L-R Zymrat founders Ujjawal Asthana and Ankita A.

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Zymrat, an innovation-led performance wear brand, announced raising $500 K in seed funding on January 21, 2022. The investment was led by Dominor Investment Holding LLP and Anicut Angel Fund.

The funds will be used for category extension, accelerating product innovation, hiring talent, and building awareness and visibility through brand building.

Besides, Angel investors such as Aditya Somani, Rashmi Daga, Founders – Fresh Menu, Mahesh Agrawal, Mridumesh Rai, Business Director – Alshaya Group, Ankit Somani and Sunil Goyal, Founders- Ladderup Finance, also participated in the round.

The startup is challenging the status quo

The startup plans to launch 30 new SKUs over the next few months. Zymrat challenges the status quo across multiple categories such as intensive performance, activewear and athleisure.

Founded in 2018 by Ujjawal Asthana and Ankita, Zymrat is an innovation-led performance wear brand with technology at its core. The company offers a wide range of training and running t-shirts, shorts, joggers and outerwear for men.

Its extensive focus on raw materials has created world-class products and IPs that are an industry first. SuperSilva, Zero Odour T-Shirts with sustainable silver ions and The Ball Cooling shorts are some of the recent innovations by the company.

Ujjawal Asthana, Co-Founder and CEO, Zymrat, said, “We are extremely pleased with the trust our investors have placed on us. The activewear and athleisure market has been growing exponentially in India.”

The startup is witnessing 5x more demand for our products in the space we operate in. Repeat rate of 40 percent has been our biggest product market validator that we are moving in the right direction.

“We are gearing up to launch 30 new SKUs across categories in the next few months. This capital infusion will help us in using revolutionary technologies to design and develop high-performance, durable and unique products,” added Ujjawal Asthana.

Innovation-led D2C performance wear brand

An innovation-led D2C performance wears brand with technology at its core, and the company raised $250K in December 2020 from Dominor Investment Holding LLP as lead, LetsVenture Angel Fund, and other prominent angel investors.

Tushar Singh, Managing Partner, Dominor Investments Holding LLP, said, “Providing customers world-class athletic wear, based on cutting edge fabric technology and inspiring designs are the core drivers of Zymrat.”

“As the fitness market grows in India, so does the need for an indigenous brand from India that allows every man to feel excited, proud and exceedingly comfortable in what he is wearing when breaking a sweat,” added Tushar Singh.

Tags: fabricfundingindian startupInvestment
IndiaTechDesk Editor

IndiaTechDesk Editor

IndiaTechDesk is part of beSUCCESS Media group, focusing on Indian startup and tech news, trends and analysis. Write to us at press@indiatechdesk.com.

Related Posts

Zepto, Quick Commerce unicorn
E-commerce

Zepto, a Quick Commerce Platform Secures $200 Million in Series-E Funding, Achieves Unicorn Status

August 28, 2023
Meesho logo, symbolizing innovation and success in the Indian startup landscape.
E-commerce

Meesho, a Beacon of Profitability Shines through Indian Startup’s Funding Frost

August 7, 2023
Atomberg Technologies Bags $86M for Product Innovation and Expansion
Clean Technology

Atomberg Technologies Bags $86M for Product Innovation and Expansion

May 31, 2023
Lenskart Scoops Majority Stake in Japanese Direct-to-consumer Eyewear Brand Owndays
E-commerce

Lenskart Secures $500 Million Investment Amid Global Tech Slump

May 30, 2023
UPI Transaction Value Soars By 105 Percent In 2020!
E-commerce

Phonepe Bags Additional $100 million from Private Equity Firm General Atlantic

April 18, 2023
FreshToHome, a Bengaluru-based Meat Delivery Brand, Bags $104 million
E-commerce

FreshToHome, a Bengaluru-based Meat Delivery Brand, Bags $104 million

February 25, 2023
No Result
View All Result

Trending Posts

  • Atlys Secures $12 Million in Series A Funding to Transform Visa Application Process
    Atlys Secures $12 Million in Series A Funding to Transform Visa Application Process
    by MinSeptember 21, 2023
  • 5 Steps to Secure Capital From VC Firms in India
    5 Steps to Secure Capital From VC Firms in India
    by IndiaTechDesk EditorJanuary 28, 2020
  • 5 Most Recent Startup Failures in India
    5 Most Recent Startup Failures in India
    by IndiaTechDesk EditorJanuary 24, 2020
  • 6 Active Angel Investors in India For 2020
    6 Active Angel Investors in India For 2020
    by IndiaTechDesk EditorJanuary 22, 2020
  • Top 5 Low-cost High-profit Business Ideas in India for 2020
    Top 5 Low-cost High-profit Business Ideas in India for 2020
    by IndiaTechDesk EditorJanuary 21, 2020
  • 6 Startup Laws in India You Should Consider To Get Started
    6 Startup Laws in India You Should Consider To Get Started
    by IndiaTechDesk EditorJanuary 20, 2020
  • Top 5 Startup Programs by the Indian Government
    Top 5 Startup Programs by the Indian Government
    by IndiaTechDesk EditorJanuary 17, 2020
  • Top 5 Startup Predictions for India in 2020
    Top 5 Startup Predictions for India in 2020
    by IndiaTechDesk EditorJanuary 15, 2020
  • 5 Biggest Indian Startup Acquisitions of 2019
    5 Biggest Indian Startup Acquisitions of 2019
    by IndiaTechDesk EditorJanuary 14, 2020
  • 5 Best-Kept Secrets of Amazon’s Incredible Success in India
    5 Best-Kept Secrets of Amazon’s Incredible Success in India
    by IndiaTechDesk EditorJanuary 12, 2020




Products

Apple 20W USB-C Power Adapter

Apple MagSafe Battery Pack

Apple AirPods Pro (2nd Generation) Wireless Earbuds

Apple Lightning to USB Cable

ABOUT US

IndiaTechDesk is obsessed with the Indian startup ecosystem, offering intelligent, engaging coverage of the innovations, emerging startups, and entrepreneurship in India.....read more

Follow Us

FREE NEWSLETTER

 

Categories
  • Accelerator
  • Agriculture
  • AI & Big Data
  • AR & VR
  • Bitcoin
  • Blockchain
  • Business
  • Clean Technology
  • Competitions
  • Content & Games
  • Coronavirus
  • Cryptocurrency
  • Cybersecurity
  • E-commerce
  • Ecosystem & Lists
  • Education
  • enterprise
  • Enterprise & SaaS
  • entertainment
  • Events
  • featured
  • FinTech
  • Gadgets & Electronics
  • Gaming
  • Guide
  • Health & Bio
  • Incubator
  • Indian Startups
  • Indian Women
  • Insurance
  • Interviews
  • Investments
  • IoT
  • Manufacturing
  • Market
  • Marketplaces & E-commerce
  • Regulation
  • Robotics
  • SaaS
  • Space Startup
  • Transportation & Logistics
  • Travel
  • Uncategorized
  • Venture capital
  • “Contact: press@indiatechdesk.com”
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
  • About Us

Copyright © 2023 indiatechdesk.com

No Result
View All Result
  • Home
  • TOPICS
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Business
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Ecosystem & Lists
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Investments
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • enterprise
    • SaaS
  • Venture capital
  • Events
  • Lists

Copyright © 2023 indiatechdesk.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In