Zivame Acquired
Zivame is an Indian online lingerie and intimate-wear retailer founded in 2011 by Richa Kar and Kapil Karekar, later expanding into activewear, sleepwear and shapewear and building an omnichannel model with its own "Fit Studio" retail stores alongside its website, app and marketplaces. Reliance Brands (part of the Reliance group) bought Ronnie Screwvala-backed Unilazer Ventures' 15% stake in July 2020,…
Zivame: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 30 Mar 2019 | Series C extension | ₹60 Cr | Zodius Technology Fund Allana Investment and Trading Company | source |
| 3 Sep 2015 | Series C | $40 Mn | Khazanah Nasional Berhad Zodius Technology Fund Chiratae Ventures Kalaari Capital Unilazer Ventures | source |
| 11 Dec 2013 | Series B | $6 Mn | Unilazer Ventures Chiratae Ventures Kalaari Capital | source |
| 14 Mar 2012 | Series A | Undisclosed | Chiratae Ventures Kalaari Capital | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 28 Jul 2020 | Reliance Retail Ventures | Zivame | Undisclosed | source |
Recent Signals
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29 May 2018 · ma-strategic
Zodius Capital buys out Kalaari Capital's and IDG Ventures India's stakes, taking ownership to ~45% source
News on Zivame
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Who founded Zivame?
Zivame was founded by Richa Kar, Kapil Karekar in 2011.
How much funding has Zivame raised?
Zivame has raised $54.66 Mn across 4 tracked funding round(s), most recently on 2019-03-30. Figures are compiled from cited public sources.
Who are the investors in Zivame?
Investors in Zivame include Zodius Technology Fund, Allana Investment and Trading Company, Khazanah Nasional Berhad, Chiratae Ventures, Kalaari Capital, Unilazer Ventures.
What does Zivame do?
Zivame is an Indian online lingerie and intimate-wear retailer founded in 2011 by Richa Kar and Kapil Karekar, later expanding into activewear, sleepwear and shapewear and building an omnichannel model with its own "Fit Studio" retail stores alongside its website, app and marketplaces. Reliance Brands…
Where is Zivame headquartered?
Zivame is headquartered in Bengaluru, Karnataka, India.
What is Zivame's business model?
Zivame's core value proposition centers on Proper-fit solutions, Body-inclusive sizing, Judgment-free, private shopping experience.
How does Zivame make money?
Zivame's cited revenue streams include Online + offline product sales, Grand Lingerie Festival.