Zouk Raises INR 60 Cr in Pre-Series C Funding Round

By: Women Entrepreneurs Review Team | Wednesday, 3 June 2026

Mumbai-based lifestyle and fashion accessories brand Zouk is set to raise Rs 60 crore ($6.3 million) in a pre-Series C funding round led by existing backers Aavishkaar Capital and Stellaris Venture Partners, with participation from Sharrp Ventures and Mihir Gadani.

The board at Zouk has approved the issuance of 2,468 compulsory convertible cumulative preference shares (CCCPS) at an issue price of Rs 2,44,950 per share, for a total of Rs 60.45 crore.

The round will be led by two partners, Stellaris Venture Partners and Aavishakar Capital with Rs 25 crore each, and Sharrp Ventures with Rs 10 crore. The balance amount will be paid for by existing shareholder Mihir Gadani.

The money raised from the sale will be plowed back into the company, for working capital or general corporate purposes, according to the file. According to a report, the valuation of the company will be about Rs 610 crore.

Stellaris Venture Partners is the largest outside investor at 27.96% of the cap table followed by Aavishkaar Capital with 15.97% and Sharrp Ventures with 3.64% of the cap table.

Before the current round, Zouk had raised a total of $14.5 million from various funding rounds, such as a $10 million Series B round led by Aavishkaar Capital in October 2024, and a $3 million Series A round in March 2023.

Zouk is a Disha Singh and Pradeep Krishnakumar's D2C lifestyle brand specialising in fashion accessories since its inception in 2016. It manufactures hand purses, totes, sling purses, wallets and laptop purses.

Before this funding round, Zouk had already raised $14.5 million in multiple rounds. This comprised a $10 million Series B round in October 2024 by Aavishkaar Capital and a $3 million Series A round in March 2023.                 

The company has yet to release its FY26 financial results. Zouk's revenue for FY25 (ending March 2025) increased 60.7 percent compared to the previous year to Rs 125 crore, while losses for the same period were Rs 19 crore.

Key Highlights:

• Zouk raises ₹60 crore in a pre-Series C round at a valuation of around ₹610 crore
• FY25 revenue jumped 61% to ₹125 crore, reflecting strong growth
• Omnichannel expansion continues as the D2C fashion brand strengthens its online and offline presence

With premiumization and brand-led consumer experiences set to play a pivotal role in the D2C market trends 2025 as well as omnichannel retail, Zouk seems poised to take advantage of these opportunities.

The company has continued to grow from its online business and also enhanced its offline business and distribution system. With consumers finding brands online, but finding physical touchpoints important before they decide to buy, this omnichannel D2C strategy has become more vital than ever.

The latest investment further bolsters the overall sentiment of D2C business India, D2C revenue growth and India's D2C business news and insights. With the increasing preference of branded and focused designs and digitally-native products amongst consumers, companies such as Zouk are helping shape the future of Direct-to-Consumer India.

Zouk has come to a new era with new investment, a rising base of customers, investor support and a valuation of around ₹610 crore. It's a testament to how a founder-driven, consumer-oriented brand can build a successful scalable business through product differentiation, brand storytelling and discipline.

Zouk is one of the most recent D2C startups to make the headlines and one of the most funded D2C fashion and lifestyle brands in all of fashion accessories in India, and continues to strengthen its position in the fast-growing D2C fashion and lifestyle industry.