Libas raises INR 150 Cr in a private equity round led by ICICI Ventures to expand offline and online channels

Libas, a direct-to-consumer fashion brand, has raised INR 150 Cr in a strategic private equity round from ICICI Ventures. The funding will be used to accelerate offline expansion across geographies, ramp up exclusive brand and retail outlets, shore up the platform’s tech stack, invest more in marketing, and strengthen its digital presence.