About Lavie World
Lavie World is a Retail company based in Mumbai (India) founded in 2009 by Shobha Tainwala. Internet first brand offering handbags and wallets. Lavie World has raised $23.11 million across 6 funding rounds from investors including Periwinkle Fashion, FirstBridgeFund and Samtainsales. The company has 220 employees. Lavie World was last valued at $15.16 million in November 2017. Its chief executive, as recorded, is Ayush Tainwala. Its website lavieworld.com draws about 191 thousand monthly visits. Its Indian entity Bagzone Lifestyles Private Limited reported revenue of ₹260 Cr. Lavie World offers products and services including Tote Bags, Satchel Bags, Shoulder Bags, Wallets, and Backpacks. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Accessories. Its competitors include DailyObjects, Caprese Bags and The House of Ganges; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 220
- Founders Shobha Tainwala
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website lavieworld.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Bagzone Lifestyles Private Limited
- Date of Incorporation 02 Dec, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹260 Cr
FY 2025 · +9% YoY
- Net Profit₹3.56 Cr
FY 2025 · 1% margin
- EBITDA₹15.02 Cr
FY 2025 · 6% margin
- Total Equity Funding$23.11M (USD)
in 6 rounds
- Latest Funding Round$7.2M (USD), Series A
Sep 2023
- InvestorsPeriwinkle Fashion
& 5 more
- Employee Count220
Associated legal entities of Lavie World
Lavie World operates through Bagzone Lifestyles Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bagzone Lifestyles Private Limited CIN U74994MH2008PTC188558 | Active | 02 Dec 2008 | Mumbai, Maharashtra | ₹260 Cr | 220 | 7 | View details |
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
Apps and channels of Lavie World
its YouTube channel Lavie World has 1.21K subscribers and 12 videos.
Videos from Lavie World
The most watched videos on Lavie World's YouTube channel, Lavie World (1.21K subscribers). Click a video to play it here.
More on Lavie World.
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.
- Total Funding $23.11M
- Total Rounds 6
- Last Round Series A — $7.2M
- First Round $3.2M
(Dec 2011)
- Investors Count 6
All 6 funding rounds of Lavie World with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $7.2M | Series A | – | – | |
| Sep 2023 | $9M | Series A | – | FirstBridgeFund | – |
| Nov 2017 | $77,270 | Seed | $15.16M | Samtainsales | – |
| Jan 2015 | $453,216 | Seed | $14.32M | Periwinkle Fashion | – |
| Sep 2013 | $3.18M | Seed | $••••• | Periwinkle Fashion | |
| Dec 2011 | $3.2M | Seed | $••••• | Samtainsales |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2017 | $15.16M | •••••••• |
| Jan 2015 | $14.32M | •••••••• |
| Sep 2013 | $••••• | •••••••• |
| Dec 2011 | $••••• | •••••••• |
Full valuation and stage history of Lavie World
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $15.16M (Nov 2017). 6 investors in total: 4 institutional and 2 angel.
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 |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors by FirstBridgeFund. | firstbridgefund.com | Mumbai, India | ||
Offers made-to-order casual clothing like kurtas and dresses for everyday wear. | 2018 | periwinklefashion.in | Guwahati, India | |
RD Ramesh Dungarmal Tainwala | Indian angel investor, Chairman of Samsonite, focused on consumer and retail sectors. | unknown_2cb5c116501c4904a | ||
ST Shobha Tainwala | unknown_4a7b207aaea3482c8 |
Investor details for Lavie World
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Board of directors of Bagzone Lifestyles Private Limited (Lavie World)
Bagzone Lifestyles Private Limited is the primary company behind Lavie World. The board of Bagzone Lifestyles Private Limited currently have 6 directors; the longest-serving is Anuj Kumar Agarwal, appointed in 2018. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anuj Kumar Agarwal DIN 05313422 | Director | 01 Feb 2018 | 8 yrs 9 mo | Bagzone Lifestyles Private Limited |
| Sandeep Keshavkumar Goenka DIN 00302868 | Director | 05 Nov 2020 | 6 yrs | Bagzone Lifestyles Private Limited |
| Ayush Ramesh Tainwala DIN 06430346 | Director | 11 Jan 2021 | 5 yrs 9 mo | Bagzone Lifestyles Private Limited |
| Vishal Kumar Gupta DIN 02368313 | Director | 27 Sep 2023 | 3 yrs 1 mo | Bagzone Lifestyles Private Limited |
| Krishan Kant Rathi DIN 00040094 | Director | 27 Sep 2023 | 3 yrs 1 mo | Bagzone Lifestyles Private Limited |
| Rohit Yashwant Singh DIN 07491376 | Director | 13 Feb 2024 | 2 yrs 8 mo | Bagzone Lifestyles Private Limited |
People of Lavie World
11 people are tracked at Lavie World (8 in leadership, 3 in team); the tracked headcount is 220.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| CEO | Leadership | |
Shekhar Gaikwad | Channel Head Distribution And Institutional Sales | Leadership |
Akshat Tiwari | Assistant Director & Head Of Sales | Leadership |
| Assistant Director | Leadership | |
Reema Dalvi | Deputy Director IT | Leadership |
Akshay Saraf | COO | Leadership |
| CFO | Leadership | |
Ganesh Chaudhari | Senior Executive | Team |
Ankit Sinha | Area Sales And Operations | Team |
Sagar Tambe | Sr Executive Purchase | Team |
Complete people profiles for Lavie World
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Lavie World
Figures of Bagzone Lifestyles Private Limited, the primary company behind Lavie World, for FY 2025. Revenue was ₹260 Cr (+9% year on year). Net profit was ₹3.56 Cr (1% margin). EBITDA was ₹15.02 Cr (6% margin). Revenue has grown at a compounded annual rate of +20% over three years and 0% over five years.
- ₹260 CrRevenue · FY 2025 · +9% YoY
- ₹3.56 CrNet profit · 1% margin
- ₹15.02 CrEBITDA · 6% margin
- ₹20.10 CrPaid-up capital
- 220Employees (provident fund records)
- +20%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bagzone Lifestyles Private Limited are on its company page.
Detailed financial statements for Lavie World
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Lavie World
4 dated milestones of Lavie World across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Lavie World is founded.
- Funding First funding round of $3.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $7.2M.
Competitors of Lavie World
Lavie World has 3 listed competitors in our database, 2 of them funded. They include DailyObjects, Caprese Bags and The House of Ganges.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dailyobjects.com | 2012 | Gurugram, India | $14.23M | 155 | Multi-category mobile and fashion accessories are sold online. | |
| capresebags.com | 2012 | Mumbai, India | 1,209 | Caprese sells women's fashion bags, slings, and accessories online. | ||
| thehouseofganges.com | 2002 | Kolkata, India | $779,185 | 2,525 | Handbags and wallets for women and men are provided online. |
Detailed competitors of Lavie World
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Web traffic of Lavie World
The website of Lavie World (lavieworld.com) receives about 191K visits a month.
- Monthly visits191K
▲ 20.9% vs previous month
Websites whose visitors overlap most with Lavie World. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| capresebags.com | 100% | 287.5K | #92,734 | View details | |
| linoperros.com | 98% | 44.7K | #568,942 | View details | |
| myntra.com | 95% | 113.8M | #236 | View details | |
| nappadori.com | 94% | 122.6K | #264,843 | View details | |
| miraggiolife.com | 93% | 556.4K | #93,436 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lavie World
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- 40 similar websites
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Lavie World (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 144.58 M | USD 32.66 M | 711 |
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Related news about Lavie World
Complete news archive for 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 CEO of Lavie World, as recorded in our data.
Lavie World is a funded company, having raised a total of $23.11M across 6 funding rounds to date. The company's 1st funding round was a Seed of $3.2M, raised on Dec 2011.
Lavie World has 220 employees.
The primary company behind Lavie World, Bagzone Lifestyles Private Limited, reported revenue of ₹260 Cr for FY 2025, up 9% year on year.
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.
Lavie World operates through Bagzone Lifestyles Private Limited.