# Zalora Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zalora-group

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.zalora.com
- Total disclosed funding: $100M
- Latest round: Series C (May 22, 2013)
- Investors on record: 5

## About

Zalora Group operates as a premier online fashion destination in Asia, specializing in the e-commerce sector by connecting consumers with a vast array of fashion brands and products.Founded in 2011 in Singapore, Zalora Group is an online fashion retailer that focuses on a diverse range of clothing, footwear, and accessories. The company has undergone strategic pivots to enhance its product offerings. In December 2013, Zalora secured USD 92 mn in financing from Access Industries and Scopia Capital Management as part of a larger USD 112 mn investment into both Zalora Group and The Iconic. The company's operations are headquartered in Singapore, with additional offices supporting its presence in Southeast Asia. Paulo Campos and Wee Leow are the founders, emphasizing their entrepreneurship in the regional e-commerce landscape. The current CEO is Aashish Midha.Zalora is recognized as Asia's leading online fashion destination, offering a comprehensive range of products that include clothing, footwear, accessories, and beauty products. The company operates a user-friendly e-commerce platform that connects customers with both local and international fashion brands, catering to the preferences of style-conscious consumers. Zalora provides a seamless online shopping experience, featuring easy navigation, secure payment options, and efficient delivery services. Its primary audience consists of fashion-forward individuals in urban areas across Southeast Asia, including Singapore, Malaysia, Indonesia, and the Philippines.In the most recent fiscal year of 2023, Zalora reported a revenue of USD 62.14 mn and an EBITDA of USD 23.54 mn. The company generates income through direct-to-consumer transactions from its online platform, selling a mix of apparel and accessories from established and emerging brands. Zalora also collaborates with brands and designers for exclusive collections, enhancing its product range.Zalora aims to leverage the recent funding of USD 92 mn received in December 2013 to enhance its product offerings and expand its market reach. The company is focused on launching new products designed to cater to evolving consumer trends, although specific release dates have not been disclosed. Additionally, Zalora is exploring expansion into new markets across Southeast Asia to bolster its geographical presence and cater to a broader consumer base.

## Funding rounds

- Series C, May 22, 2013, $100M — Summit Partners, Kinnevik, Rocket Internet SE, Tengelmann Group, Verlinvest

## Investors

- Summit Partners (https://capitalatlas.ai/funds/summit-partners) — Series C
- Kinnevik (https://capitalatlas.ai/funds/kinnevik) — Series C
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series C
- Tengelmann Group — Series C
- Verlinvest — Series C