Clovia news and archive

Clovia’s parent group raises 4 million dollars in funds

Indian leading online lingerie and sleepwear retailer Clovia, owned by Delhi-based Purple Panda Fashions Pvt. Ltd, has secured new funds from two new investors. As explained by the company to ‘VCCircle’, the intimates retail startup attracted 4 million dollars from existing investor Ivycap Ventures Advisors Pvt. Ltd and new investors Singularity...

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IvyCap invests circa 5 million dollars in Clovia

Venture capital firm IvyCap has invested circa 5 million dollars in the Indian online lingerie retailer Clovia, earlier known as Cloe. The final amount of Series A funding remains undisclosed. Clovia explains that it intends to utilise the funds to strongly increase its footprint globally, innovating and extending the product line, marketing,...