Zoomtail Tech raises funds in a round led by Matrix Partners

BENGALURU: Zoomtail Technologies, which runs a fashion commerce-enabling platform, has raised an undisclosed amount in seed capital from investors led by Matrix Partners India.

The round also saw participation from V1 Capital, Kunal Shah, Anshuman Bapna and Shamik Sharma.

The Bengaluru-based startup plans to expand its 30-member team and strengthen its technology platform with the cash raised. It was cofounded in May last year by Varun Jain, an IIT Kanpur and Stanford University Graduate School of Business alumnus, and Swadesh Srivastava, an IIT Madras and University of Minnesota alumnus.


“We are primarily focused on catering to small retailers in the unorganised unbranded fashion space, and enabling them to do better with their offline and online operations.

We are building tools to help them get and engage customers, manage inventory, as well as procuring supplies from large distributors,” said Jain , who was most recently a product manager at Myntra.