Libas

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Libas - overview

Established

1985

Location

New Delhi, Delhi, India

Primary Industry

Consumer Products

About

Based in New Delhi, India, and founded in 1985 by CEO Sidhant Keshwani, Zivore Apparel Private Limited, doing business as Libas, operates as a provider of ethnic and modern apparel, including suits, sarees, and dresses, to fashion-conscious consumers seeking traditional and contemporary styles. In May 2024, Libas raised INR 1. 5 billion in venture funding from ICICI Venture. Libas provides a wide range of ethnic and contemporary fashion products for women, including suits, kurtas, sarees, dresses, lehengas, and loungewear.


Additionally, the company also offers plus-size clothing, co-ord sets, and seasonal collections tailored for occasions such as weddings, festivals, and casual wear, along with accessories like fashion items, face masks, and tote bags. Libas generates revenue by selling its products through both its e-commerce platform and offline retail stores. Their product pricing varies, with women's apparel ranging from approximately INR 1,000 to INR 4,000, while accessories like scarves and tote bags are priced between INR 500 and INR 2,000. The company will use the funding to drive offline expansion across geographies and ramp up its brand and retail stores throughout key metros and Tier 1, 2, and 3 cities in India.


Current Investors

ICICI Venture

Primary Industry

Consumer Products

Sub Industries

Accessories, Clothing, Internet

Website

www.libas.in/

Verticals

E-commerce, Manufacturing, Mobile Apps

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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