- Ziniosa, India’s leading platform for buying and selling authenticated preloved luxury fashion, is set for rapid expansion following fresh funding. The investment will support team growth, brand visibility, tech scaling, and the launch of a physical store, reinforcing Ziniosa’s leadership in the luxury resale market.
- As the exclusive preloved fashion partner on Tata Cliq Luxury, Ziniosa boasts an impressive 80% sell-through rate, highlighting its strong customer trust and high inventory turnover.
- Backing the next wave of innovative startups, Inflection Point Ventures has invested over INR 800 Cr across 210+ ventures, fueling growth in India’s thriving entrepreneurial landscape.
Bengaluru, May 29, 2025 – Ziniosa, India’s leading preloved luxury fashion platform, has secured undisclosed funding from Inflection Point Ventures (IPV), one of the country’s largest angel investment networks. This investment will fuel Ziniosa’s growth, enabling it to expand its core team, enhance brand visibility, strengthen technical capabilities, and open its first physical store.
Reshaping Luxury Resale in India
Founded in 2020, Ziniosa has swiftly established itself as a pioneering marketplace for authenticated secondhand fashion, allowing consumers to buy and sell premium preloved items with ease. The platform currently hosts over 10,000 products across seven categories, featuring luxury brands like Louis Vuitton, Gucci, and Chanel.
Founders Leading the Charge in Fashion-Tech
Ziniosa was co-founded by Ashri Jaiswal and Varun Ramani, engineers-turned-entrepreneurs with extensive e-commerce and product development expertise spanning India and the US.
- Ashri Jaiswal brings five+ years of project management experience, is a TEDx speaker, and a UN Women mentor.
- Varun Ramani has worked with global firms like Philips and Keithley and shares a deep background in e-commerce and tech innovation.
Investor Backing and Market Opportunity
Mitesh Shah, Co-founder of Inflection Point Ventures, highlighted the importance of Ziniosa’s mission:
“Thrifting is gaining momentum in India, making luxury fashion more accessible, affordable, and sustainable. Ziniosa is transforming consumer behavior by offering quality, high-end fashion to a growing market, and we’re excited to support this movement.”
Expanding Operations & Strengthening Market Leadership
Headquartered in Bengaluru, with a dedicated warehouse, Ziniosa has achieved:
- ₹15 crore worth of inventory, entirely sourced at zero cost
- A 40% year-over-year growth rate
- Over 30,000 products across 60+ brands
- CM1 profitability with minimal burn
Operating on a zero-inventory acquisition cost model, Ziniosa ensures higher margins and lower financial risk. Its data-backed pricing protocols guarantee transparency, while its strict authentication process eliminates counterfeits—reinforcing buyer trust and category leadership.
Scaling for the Future
Ashri Jaiswal, Co-founder of Ziniosa, shared the company’s vision:
“The preloved movement is just beginning, and Ziniosa is at the forefront of this shift. We’re not just selling fashion; we’re redefining how India shops.”
Varun Ramani, Co-founder of Ziniosa, added: “With IPV’s support, we’re scaling Ziniosa across all fronts—expanding our team, strengthening tech capabilities, and opening our first store within two years. We’re also growing the men’s category and expanding our product catalog to meet increasing demand.”
Industry Recognition & Strategic Partnerships
- Exclusive preloved fashion partner for Tata Cliq Luxury
- Incubated at NSRCEL (IIM Bangalore’s Entrepreneurship Cell) & NASSCOM/CWE
- 80% sell-through rate—among the highest in the industry
Tapping into India’s Growing Luxury Market
The Indian luxury market is valued at ₹82,000 crore (~USD 10B), while the secondhand fashion market in India is estimated at $3B. Globally, the preloved fashion industry is projected to reach $350B by 2027, presenting a significant opportunity for Ziniosa’s continued growth and leadership in luxury resale.
With sustainable fashion trends on the rise, Ziniosa is well-positioned to reshape India’s luxury resale landscape, making premium fashion accessible, authenticated, and eco-conscious.
