Zouk, a lifestyle brand known for its cruelty-free and handcrafted products, raised $10 million in a Series B funding round led by Aavishkaar Capital. Additional support came from existing investors like Stellaris Venture Partners.
The funds will be utilized to broaden Zouk’s product range and open exclusive brand outlets, enhancing its market presence. This strategic expansion will help the company cater to consumer demand for sustainable and ethically-produced goods, while also supporting local artisans and promoting craftsmanship.
With its new funding, Zouk is poised to reinforce its commitment to integrating sustainability and ethical practices into the tech and e-commerce landscape, appealing to consumers who prioritize environmental and social responsibility. Launched in 2015, Zouk’s previous funding activity included a $3 million Series A funding round and $1.7 million seed round.