Zivame.com, online lingerie retailer raises funding

Vinutha Raju | August 29,2013 06:48 am IST

According to market sources, Lingerie e-tailer has raised more funds from the existing investors..

IDG Ventures and Kalaari Caital (previously called as Indo-US venture partners) had invested $ 10 Million in March 2010.

Zivame which was founded by Richa Kar started operations in August 2011 and deals in lingerie, loungewear, swimwear, nightwear and allied categories. The company primarily sells branded products to small towns where access to such products are not available. The company is delivers over 15,000-18,000 orders a month. The company has recently added fashion apparels to its product mix.


Vinutha Raju has over 18 years of experience in investments, financial research & analysis and worked as Vice President-Investments with a mid-sized private equity fund. She was on the board of directors in the invested companies. She is a member of board of studies for setting  of syllabi for finanace courses in MBA colleges. She has a...