The story of

Zigzag

An omni channel approach to bring women’s fashion to the market with a very high frequency of style changes.

Dinindu Nawarathna

Founder / CEO

Chamindri Liyanagama

Founder / Head of online operations

Thushini Wijesinghe

Head of Desing

Goal

To achieve LKR 1 Billion Annual in FY 2020/2021 and expand to 5 metro cities by 2020

Traction

Achieved a monthly revenue run rate of 20M LKR
Gained a 50% GP marging
Served over 100,000 customers

Capital Raised

LKR 8MN for 30% Equity

Growth Plans

  • Grow revenue to USD 82M in 5 years and be profitable in 2 years post funding
  • Backward integration by launching the in-house brands

Achievements

  • Launch of the flagship store in Colombo (Offline Expansion)