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

  • 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

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29d ago
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