Fundz

Former Myntra Ceo’s Startup Virgio Raises $37 Million In Funding

PRIVATEDec 16, 2022

Amount Raised

$37 Million

Round Type

Funding Round

BengaluruE CommerceFashion

Description

Fast fashion startup Virgio, founded by former Myntra CEO Amar Nagaram, said it has raised $37 million in a funding round co-led by Prosus Ventures, Alpha Wave Partner and Accel Partners. This is a significant infusion of capital by institutional investors in an early-stage round, given the ongoing funding winter.

Quick answer

VIRGIO raised $37 Million in a Funding Round round, dated December 16, 2022. VIRGIO is based in Bengaluru, Karnataka, India.

How much did VIRGIO raise?
VIRGIO raised $37 Million in a Funding Round round on December 16, 2022.
What does VIRGIO do?
We are a group of FashionTech mavericks, on a mission to build the world’s most trendy fashion brand.
Where is VIRGIO based and how big is it?
VIRGIO is based in Bengaluru, Karnataka, India.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as VIRGIO that raised within 45 days of this round, from Fundz verified event records.

  • Spatial Labs raised $10M (Seed) on January 26, 2023.
  • Boxed raised $20M (Funding Round) on January 20, 2023.
  • Makeup By Mario raised an undisclosed amount (Private Equity) on January 20, 2023.
  • Syky raised an undisclosed amount (Series A) on January 17, 2023.
  • The Edit LDN raised an undisclosed amount (Seed) on January 17, 2023.
  • Wakefit raised $40M (Funding Round) on January 13, 2023.

Who to call at VIRGIO, and when

A new round usually means VIRGIO is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day VIRGIO raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at VIRGIO, from your own LinkedIn network

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Company Information

Company

VIRGIO

Location

Bengaluru, Karnataka, India

About

We are a group of FashionTech mavericks, on a mission to build the world’s most trendy fashion brand. In pursuit of this mission, we are creating a global Co-creator platform where designers and manufactures can leverage our technology and insights to create the future of fashion ecosystem. We are just getting started and we will always be looking for great minds with passion to disrupt. We are a ping away just like the trendy fashion is going to be a click away!

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Fundz sees it the moment VIRGIO raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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VIRGIO raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.