Avendus Capital Advises Zivame on Its INR 250 cr Series C Fund Raise From Khazanah Nasional, Zodius Capital and Existing Investors.

Worldwide, lingerie is the most exciting category in the women’s apparel segment. The fact that reputed investors like Zodius and Khazanah have invested in us highlights the robustness of our vision, business model and execution capability

Khazanah Nasional are very happy to support Richa and the Zivame team with driving their mission of women empowerment within and beyond India. With Khazanah coming on board, Zivame's funding needs are expected to be fully secure for the foreseeable future, and the focus will be on supporting them in building their institutional capabilities in the coming years.

We believe Richa and team are building a formidable business by providing Indian women consumers product choices of the like that she has never experienced before, while providing superior customer engagement. Their ability to use technology to customize the buying experience and provide world-class private label products is noteworthy

Richa and team Zivame have built a great platform that address all the challenges (lack of privacy, limited choices, untrained sales professional, etc.) that make purchase of lingerie a hostile experience in the offline world. The current financing round will enable Zivame to cement its position as India’s largest destination for women’s intimate wear and help accelerate market expansion.