Aavishkaar India Fund VI has completed a landmark USD 10 million investment in Sea Turtle Private Limited, the company behind the popular brand Zouk. This funding aims to fuel the brand’s expansion, enabling the opening of additional exclusive outlets, bolstering marketing efforts, and enhancing supply chain infrastructure. Currently, Zouk operates four exclusive outlets, with plans to grow this number to 75 in the next two to three years.
The transaction was handled by a team from Shardul Amarchand Mangaldas & Co., led by Partner Sarika Raichur. Principal Associate Akshaya Srinivasan and Senior Associate Sai Dharshini provided critical support throughout the process.
In addition to Aavishkaar, other notable investors in this deal include Stellaris Venture Partners India Trust II, JJ Family Office LLP, Sharrp Ventures Capital Private Limited, and Titan Capital Winners Fund I. Legal advisors for Sea Turtle Private Limited were Aarambh Legal, while Kaizen Law represented Titan Capital Winners Fund I.
