Ziniosa, a Bengaluru-based startup making waves in the luxury resale space, has just pulled in fresh investment from Inflection Point Ventures (IPV), one of Gurugram’s leading angel networks. While the size of the deal hasn’t been disclosed, the plans that follow are anything but small.
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Co-founded by Ashri Jaiswal and Varun Ramani, both engineers who swapped code for couture, Ziniosa has been building momentum since its launch in 2020. The platform offers pre-owned high-end fashion — think Chanel jackets, Louis Vuitton totes, and Gucci accessories — all authenticated and curated for discerning Indian shoppers looking for both style and sustainability.
The newly secured funds will go towards assembling a stronger core team, upping brand visibility, rolling out tech upgrades, and launching their first physical store — a move that signals confidence in the tactile side of luxury retail.
“The idea of ‘preloved’ fashion isn’t just about bargains — it’s about a smarter, more conscious way to shop,” says co-founder Ashri Jaiswal. “At Ziniosa, we’re not just enabling resale, we’re trying to rewrite how Indian consumers approach luxury.”
Ziniosa’s inventory currently includes over 10,000 pieces across seven categories, with everything from statement bags to shoes and apparel. Impressively, the entire Rs 15 crore stockpile was acquired without upfront inventory costs — a deliberate business model that reduces financial risk while preserving margin.
Their growth numbers are just as striking: a 40% year-on-year jump, driven by a loyal user base and growing interest in sustainable fashion choices. Behind the scenes, the company leans on data-led pricing tools and rigorous authentication processes to keep things fair, transparent, and — most importantly — genuine.
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Co-founder Varun Ramani hints at what’s coming next: “We’re expanding our team, scaling tech, launching a brick-and-mortar presence, and putting serious focus on the men’s category, which we see as massively underserved. With IPV behind us, we’re ready to take Ziniosa to a whole new level.”
From a niche online store to a rapidly scaling fashion tech player, Ziniosa is betting big on the future of luxury — and betting that future looks circular.
