Mumbai-based lifestyle and fashion accessories brand Zouk is set to raise Rs 60 crore ($6.3 million) in a pre-Series C funding round led by existing backers Aavishkaar Capital and Stellaris Venture Partners, with participation from Sharrp Ventures and Mihir Gadani. The Board at Zouk has passed a special resolution to issue 2,468 compulsory convertible cumulative preference shares (CCCPS) at an issue price of Rs 2,44,950 per share to raise Rs 60.45 crore, according to its regulatory filing reviewed by platform.

Stellaris Venture Partners and Aavishkaar Capital will lead the round with investments of Rs 25 crore each, while Sharrp Ventures will contribute Rs 10 crore. Existing shareholder Mihir Gadani will invest the remaining amount. According to the filings, the proceeds will be used for business expansion, working capital requirements, and general corporate purposes.

The company is yet to file its FY26 results. During the fiscal year ended March 2025, it reported a 60.7% year-on-year increase in revenue to Rs 125 crore, while its losses stood at Rs 19 crore during the same period.

About Zouk

Zouk has been founded in 2016 by Disha Singh and Pradeep Krishnakumar. Zouk is a D2C lifestyle brand focused on fashion accessories. The company offers a range of products, including handbags, tote bags, sling bags, wallets, and laptop bags.