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.
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
People of BIBA
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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.
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.
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Multi-stage private equity investments are pursued across diverse sectors.
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Private equity firm managing investments in Indian sectors.
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Multi-format offline retail is operated in India.
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Investor details for BIBA
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by BIBA
Investment portfolio details for BIBA
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- Transaction dates
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Financial Statements - BIBA
Detailed financials for BIBA
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Biba Comparisons
Peer comparison for BIBA
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Ethnic wear for women is offered via an internet-first brand.
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Ethnic wear for women is offered online by Koskii.
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Online platform selling traditional Indian apparel and accessories.
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Ethnic fashion products are retailed online from curated artisan sources.
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Ethnic wear for women is provided by Libas brand.
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Detailed competitors of BIBA
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Latest news on Biba
Complete news archive for BIBA
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Frequently Asked Questions about BIBA
BIBA was founded in 1988 and raised its 1st funding round 18 years after it was founded.
BIBA is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
BIBA is a funded company, having raised a total of $57.3M across 5 funding rounds to date.
As of Mar 29, 2024, the latest employee count at BIBA is 475.
Annual revenue of BIBA is $107.04M as on Mar 31, 2023.
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.
BIBA's top competitors include Fashor, Dressfolk and House of Chikankari.
BIBA offers Suit Sets, Kurtas, Dresses, Bottoms, and Jewellery.
BIBA has 12 investors. Key investors include Future Group, Warburg Pincus, Faering Capital, Dhanvan Impex, and Meena Agritech.
The valuation of BIBA is $126.25M as of Jul 2020.