Online fashion company OUTZIDR has raised US $ 3.5 million (Rs. 30 crore) in a fundraising round headed by Stellaris Venture Partners. Angel investors Ramakant Sharma (LivSpace) and Ghazal Alagh (Honasa Consumer) also participated in the round.
The business, which was founded in 2024 by Nirmal Jain, Mani Kant Mani, and Justin Mario, launched its D2C platforms earlier this year. In the upcoming six to eight months, it hopes to achieve an annualised run rate (ARR) of US $ 11.62 million (Rs. 100 crore).
In order to swiftly introduce the newest trends to its shelves, OUTZIDR, which specialises in providing occasion-appropriate clothing, uses its ‘test-and-react model’. Its main goal is to find the most pertinent trends and quickly build products based on those discoveries. Once there is evidence of popularity, it ramps up popular styles while maintaining low MOQs (minimum order quantities).
In the next two years, the brand intends to move 90 per cent of its manufacturing to India, even though it currently sources its fabrics from both domestic and foreign markets. At the moment, it requires less than three weeks’ worth of inventory to function.
Mayank Jain, Principal at Stellaris Venture Partners, said their investment is driven by three core pillars: the large and attractive Gen Z affordable fashion market, OUTZIDR’s unique ‘test and quick react’ model, and a strong founder-market fit. He noted that Nirmal, Mani, and Justin bring both domain expertise and a solid track record.
As the founding CEO of Styli, a fast fashion company with a focus on the Middle East, Jain, who has held positions at Myntra in the past, was in charge of growing the company to US $ 93 million (Rs. 800 crore) in less than five years. Mario served as COO, overseeing supply chain and strategy at Aymakan and Styli, while Mani was SVP for Digital & Omni business at Max Fashion.
Bharat Tex Special Report 2026 
