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Libas raises Rs 150 crore in Series A funding from ICICI Venture to enhance its growth in affordable women's ethnic wear.
PRIVATEJul 27, 2026•3 days ago
Amount Raised
₹1.5 Billion
Round Type
Series A
New DelhiFashion
Investors
Icici Venture
Description
Libas has successfully raised Rs 150 crore from ICICI Venture in its first external funding round. Founded as a family business in 1985 and relaunched in 2013, Libas specializes in women's ethnic and fusion wear. The brand has seen rapid growth, achieving Rs 609.1 crore in revenue for FY25. With 15 exclusive outlets now, Libas aims to expand to 200 stores by 2026.
Company Information
Company
Libas
Location
New Delhi, Delhi, India
About
Libas tells the story of a new age Indian woman who is free-spirited, independent and aware
New DelhiFashion