About BIBA
BIBA is a company based in Gurugram (India) founded in 1988 by Meena Bindra.. BIBA has raised $57.3 million across 5 funding rounds from investors including Future Group, Warburg Pincus and Faering Capital. The company has 475 employees as of March 29, 2024. BIBA offers products and services including Suit Sets, Kurtas, Dresses, Bottoms, and Jewellery. BIBA operates in a competitive market with competitors including Fashor, Koskii, Suta, Tjori and Libas, among others.
- Headquarter Gurugram, India
- Employees 475 as on 29 Mar, 2024
- Founders Meena Bindra
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Biba Fashion Limited
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$107.04 M (USD)34.23as on Mar 31, 2023
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Net Profit
$6.33 M (USD)328.87as on Mar 31, 2023
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EBITDA
$42 M (USD)89.14as on Mar 31, 2023
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Total Equity Funding
$57.3 M (USD)
in 5 rounds
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Latest Funding Round
$5.35 M (USD), Series B
Jul 30, 2020
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Investors
Future Group
& 11 more
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Employee Count
475
as on Mar 29, 2024
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Products & Services of BIBA
BIBA offers a comprehensive portfolio of products and services, including Suit Sets, Kurtas, Dresses, Bottoms, and Jewellery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Traditional Indian ensembles for women and girls
Versatile ethnic tops for daily and formal wear
Stylish dresses suitable for various occasions
Ethnic pants and skirts for complementary outfits
Complementary pieces to enhance ethnic attire
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Funding Insights of BIBA
BIBA has successfully raised a total of $57.3M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $5.35 million completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $5.4M
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First Round
First Round
(08 Dec 2006)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series B - BIBA | Valuation | Warburg Pincus |
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| Sep, 2013 | Amount | Series B - BIBA | Valuation | Warburg Pincus | |
| Sep, 2010 | Amount | Series A - BIBA | Valuation | Future Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BIBA
BIBA has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Future Group, Warburg Pincus and Faering Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Private equity firm managing investments in Indian sectors.
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Founded Year | Domain | Location | |
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Multi-format offline retail is operated in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BIBA
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BIBA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Biba Comparisons
Competitors of BIBA
BIBA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fashor, Koskii, Suta, Tjori and Libas, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ethnic wear for women is offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Ethnic wear for women is offered online by Koskii.
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| domain | founded_year | HQ Location |
Online platform selling traditional Indian apparel and accessories.
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| domain | founded_year | HQ Location |
Ethnic fashion products are retailed online from curated artisan sources.
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| domain | founded_year | HQ Location |
Ethnic wear for women is provided by Libas brand.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Biba
Frequently Asked Questions about BIBA
When was BIBA founded?
BIBA was founded in 1988 and raised its 1st funding round 18 years after it was founded.
Where is BIBA located?
BIBA is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is BIBA a funded company?
BIBA is a funded company, having raised a total of $57.3M across 5 funding rounds to date. The company's 1st funding round was a Series A of $638.98K, raised on Dec 08, 2006.
How many employees does BIBA have?
As of Mar 29, 2024, the latest employee count at BIBA is 475.
What is the annual revenue of BIBA?
Annual revenue of BIBA is $107.04M as on Mar 31, 2023.
What does BIBA do?
BIBA was founded in 1988 in Gurugram, India, and operates as an internet-first brand within the ethnic wear sector for women. Products including anarkali suits, kurtas, lehengas, gowns, salwar kameez, bottomwear, footwear options like slippers, sandals, and heels, jewelry such as earrings and necklaces, handbags, and kidswear are made available. Traditional designs blended with modern elements are featured in the inventory, with sales conducted primarily online.
Who are the top competitors of BIBA?
BIBA's top competitors include Fashor, Dressfolk and House of Chikankari.
What products or services does BIBA offer?
BIBA offers Suit Sets, Kurtas, Dresses, Bottoms, and Jewellery.
Who are BIBA's investors?
BIBA has 12 investors. Key investors include Future Group, Warburg Pincus, Faering Capital, Dhanvan Impex, and Meena Agritech.
What is BIBA's valuation?
The valuation of BIBA is $126.25M as of Jul 2020.