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