Actoserba Active Wholesale Private Ltd (known as Zivame.com) has raised a Series C round of INR 250 cr from Khazanah Nasional Berhad (Malaysia's sovereign wealth fund), Zodius Capital and existing investors IDG Ventures, Unilazer Ventures and Kalaari Capital. Zivame.com will use the funds for marketing and branding, merchandise expansion, and for increasing customer touchpoints.
Zivame.com is India's largest online destination for women's intimate wear. The depth of Zivame's product offerings in this category is unmatched. Zivame boasts of the largest catalogue collection of intimates in India, and its exhaustive product offerings cater to every shape and size of women. Zivame is not only a category leader, but also a category creator and has introduced new categories such as shapewear into the Indian market.Avendus Capital was the exclusive financial advisor for this transaction.
Lingerie Portal http://t.co/lYSFKGkGHe raises Rs.250 cr. ($40 million) venture funding pic.twitter.com/lyJpx8C0BU
— Press Release Watch (@PrReleaseWatch) September 6, 2015
Zivame.com is India's largest online destination for women's intimate wear. The depth of Zivame's product offerings in this category is unmatched. Zivame boasts of the largest catalogue collection of intimates in India, and its exhaustive product offerings cater to every shape and size of women. Zivame is not only a category leader, but also a category creator and has introduced new categories such as shapewear into the Indian market.Avendus Capital was the exclusive financial advisor for this transaction.
