Fashion quick commerce startup Zilo raises $15.3 million led by Peak XV Partners

The funding round also saw participation from angel investors including Groww founder and CEO Lalit Keshre, Cred founder Kunal Shah and Ayyappan R, founder of FirstClub. Founded in February last year by Padmakumar Pal and Bhavik Jhaveri, Zilo has already raised nearly $20 million in funding.