Clovia plans to use the new capital for marketing, expanding its sales channels, and boosting product and technology development.

The first two stores that the brand is going to launch on 2nd of April would be company owned stores and for the rest 28 stores, the brand ...

"The whole gamut of money, mentoring and global market access that IAN has been able to leverage has bred a very high quality of companies,...

Delhi-based Purple Panda Fashions, which owns and operates online lingerie store Clovia, is set to expand its production capacity from 5 la...

Most men hesitate to enter a lingerie store, but online, men are emerging as significant buyers of women's undergarments thanks to the anon...

Zodius Capital, Khazanah Nasional Berhad and Zivame did not respond to email queries on the proposed fund raising.

An Indian woman now keeps about eight brassiere compared with 5-6 pieces in the past, a report by consultancy firm Wazir Advisors said.

All the ecommerce biggies, from Flipkart to Amazon to Snapdeal, as well as niche players have warehouses here to route products to Mumbai.

While both, IvyCap Ventures and Clovia, confirmed the investment, they declined to disclose the exact size of the transaction.

While Zivame is looking to raise over $25 million, rival PrettySecrets is also eyeing a new round of around $10 million.

Having built and sold businesses once, entrepreneurs are coming back for second and subsequent helpings, unable to resist the sweet taste o...

Venture capitalists are taking riskier but smaller bets in early stage funding rounds of startups as they are apprehensive of missing bus, ...

Khan, one of the country’s most storied angel investors, has raised Rs 300 crore for his maiden India-focused venture capital fund, Orios V...

While 30% of the fund was raised from institutional investors, majority 70% of the corpus has been raised from ultra high-networth individu...

Lingerie retailers hope that the trajectory of buying online will be similar to that in the West, where both online and offline are far mor...

Lingerie sales on online stores soar as product range and privacy draws female customers in hordes

Indian Angel Network has invested in PrettySecrets, an online-only brand. The Mumbai-based company that started under the brand name ‘Mylac...