About Lavie World
Lavie World is a company based in Mumbai (India) founded in 2009 by Shobha Tainwala. Lavie World has raised $23.11 million across 6 funding rounds from investors including Periwinkle Fashion, FirstBridgeFund and Samtainsales. The company has 220 employees as of July 22, 2024. Lavie World offers products and services including Tote Bags, Satchel Bags, Shoulder Bags, Wallets, and Backpacks. Lavie World operates in a competitive market with competitors including DailyObjects, Caprese Bags, The House of Ganges, Lino Perros and THESTO, among others.
- Headquarter Mumbai, India
- Employees 220 as on 22 Jul, 2024
- Founders Shobha Tainwala
- 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 Bagzone Lifestyles Private Limited
- Date of Incorporation 02 Dec, 2008
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$39.74 M (USD)14.68as on Mar 31, 2019
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Net Profit
$226.51 K (USD)-37.76as on Mar 31, 2019
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EBITDA
$635.75 K (USD)-29.42as on Mar 31, 2019
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Total Equity Funding
$23.11 M (USD)
in 6 rounds
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Latest Funding Round
$7.2 M (USD), Series A
Sep 27, 2023
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Investors
Periwinkle Fashion
& 5 more
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Employee Count
220
as on Jul 22, 2024
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Products & Services of Lavie World
Lavie World offers a comprehensive portfolio of products and services, including Tote Bags, Satchel Bags, Shoulder Bags, Wallets, and Backpacks.
Versatile bags for daily carry and shopping needs
Functional bags suitable for work and travel
Stylish options for casual and formal occasions
Compact storage for essentials like cards and cash
Durable bags for laptops and everyday use
People of Lavie World
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Funding Insights of Lavie World
Lavie World has successfully raised a total of $23.11M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $7.2 million completed in September 2023. 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 Lavie World
Lavie World has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Periwinkle Fashion, FirstBridgeFund and Samtainsales.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors by FirstBridgeFund.
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Offers made-to-order casual clothing like kurtas and dresses for everyday wear.
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Investor details for Lavie World
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Investments & Acquisitions by Lavie World
Investment portfolio details for Lavie World
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Financial Statements - Lavie World
Detailed financials for Lavie World
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Lavie World Comparisons
Peer comparison for Lavie World
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Competitors of Lavie World
Lavie World 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 DailyObjects, Caprese Bags, The House of Ganges, Lino Perros and THESTO, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category mobile and fashion accessories are sold online.
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Caprese sells women's fashion bags, slings, and accessories online.
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Handbags and wallets for women and men are provided online.
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Online platform offering women's handbags and trendy footwear for purchase.
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Online platform selling luxury handbags, purses, jewelry, and accessories for women consumers.
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Detailed competitors of Lavie World
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Latest news on Lavie World
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Frequently Asked Questions about Lavie World
Lavie World was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Lavie World is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ayush Tainwala is the current CEO of Lavie World.
Lavie World is a funded company, having raised a total of $23.11M across 6 funding rounds to date.
As of Jul 22, 2024, the latest employee count at Lavie World is 220.
Annual revenue of Lavie World is $39.74M as on Mar 31, 2019.
Lavie World was established in 2009 in Mumbai, India, as a private label brand under Bagzone. A range of products including handbags, sling bags, totes, bowling bags, backpacks, and wallets is provided through online channels. Operations focus on the fashion accessories sector, with distribution centered in India. Leadership includes founder Shobha Tainwala and CEO Ayush Tainwala.
Lavie World's top competitors include DailyObjects, The House of Ganges and Caprese Bags.
Lavie World offers Tote Bags, Satchel Bags, Shoulder Bags, Wallets, and Backpacks.
Lavie World has 6 investors. Key investors include Periwinkle Fashion, FirstBridgeFund, Samtainsales, Satya Buildmart, and Ramesh Dungarmal Tainwala.
The valuation of Lavie World is $15.16M as of Nov 2017.