Lightspeed backs

Lightspeed, a leading global venture capital firm, has announced plans to invest in Indian start-up Zyod to bring innovation to apparel manufacturing.

Zyod, based in Bengaluru, India, is an AI-driven platform that leverages machine learning and big data analytics to help fashion brands streamline the supply chain process. With this investment, Lightspeed hopes to develop emerging technologies to make the apparel industry more efficient and cost-effective.

Zyod uses predictive algorithms and automation technologies to automate the entire journey of apparel manufacturing, offering real-time visibility into sourcing, production, compliance and other aspects of the supply chain. The platform also offers end-to-end supply chain and inventory management solutions that help brands reduce inventory costs.

Lightspeeds investment will help Zyod expand its reach by leveraging its technology to assist global apparel organizations and customers in more markets. It will also help Zyod expand its data science and engineering teams, and invest in research and development to drive new breakthroughs in working with the industry’s challenges.

The venture capital firm believes that Zyod’s AI-enabled platform provides immense opportunities to revolutionize the fashion supply chain using data and analytics. Its investment in the company will help drive efficiency, develop new capabilities and facilitate data-driven decisions that can positively transform the way fashion brands manage their operations.

The fashion industry is undergoing rapid changes and requires a new approach to tackle challenges. With this investment, Lightspeed is playing an important role in bringing futuristic technologies to this sector to address the challenges faced by fashion brands. This collaboration between Lightspeed and Zyod is likely to create a major shift in the fashion industry and help brands reduce costs, manage their supply chain effectively, and achieve greater productivity.