About Libas
Libas is a Retail company based in Delhi (India) founded in 1985 by Sidhant Keshwani and Sunil Keshwani. It operates as an ethnic wear for women is provided by Libas brand. Libas has raised $18 million across 1 funding round from investors including ICICI Venture. The company has 1,075 employees. Its chief executive is Sidhant Keshwani. Its website libas.in draws about 3.3 million monthly visits. Its Indian entity Zivore Apparel Private Limited reported revenue of ₹612 Cr. Libas offers products and services including Suits, Kurtas, Sarees, Lehengas, and Dresses. Its focus areas include Consumer Goods, Apparel Brands, Ethnic Wear and Women. Its competitors include Fashor, BIBA, Dressfolk, Koskii and Suta and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Libas was founded in 1985 in Delhi, India, as a brand focused on womens ethnic apparel. Ready-to-wear clothing is offered, encompassing suits, sarees, lehengas, Indo-Western outfits, loungewear, dresses, and bottom wear. Materials including Chanderi, cotton, crepe, silk, georgette, polyester, and rayon are utilized in production. Operations center on the fashion sector, with distribution through the domain libas.in.
- Headquarters Delhi, India
- Employees 1,075
- Founders Sidhant Keshwani, Sunil Keshwani
- SectorsRetail
- Website category Lifestyle · Fashion and Apparel
- Email••••••••
- Phone•••• ••••
- Website libas.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Zivore Apparel Private Limited
- Date of Incorporation 05 May, 2022
- Jurisdiction Delhi, India
- Annual Revenue₹612 Cr
FY 2025 · +25% YoY
- Net Loss-₹16.45 Cr
FY 2025 · -3% margin
- EBITDA-₹8.29 Cr
FY 2025 · -1% margin
- Total Equity Funding$18M (USD)
in 1 rounds
- Latest Funding Round$18M (USD), Private Equity Round
May 2024
- Investors
- Employee Count1,075
Associated legal entities of Libas
Libas is associated with 2 registered companies on The Company Check; the primary company is Zivore Apparel Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zivore Apparel Private Limited CIN U18109DL2022PTC397831 | Active | 05 May 2022 | Delhi, Delhi | ₹612 Cr | 1,075 | 5 | View details |
| Libas Fashions Private Limited CIN U51311DL2003PTC119078 | Active | 21 Feb 2003 | New Delhi, Delhi | ₹0.0 Cr | 2 | 4 | View details |
Products & Services of Libas
Libas offers a comprehensive portfolio of products and services, including Suits, Kurtas, Sarees, Lehengas, and Dresses.
Coordinated ethnic sets for women with kurta and bottom.
Versatile tops in various styles and fabrics for daily use.
Elegant drapes made from silk and chiffon for occasions.
Embroidered skirts and tops for weddings and parties.
Blends of Indian and western styles for modern outfits.
Apps and channels of Libas
Libas publishes 1 mobile app; its YouTube channel LIBAS INDIA has 13.1K subscribers and 30 videos.
Videos from Libas
The most watched videos on Libas's YouTube channel, LIBAS INDIA (13.1K subscribers). Click a video to play it here.
More on LIBAS INDIA.
Funding Insights of Libas
Libas has successfully raised a total of $18M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $18 million completed in May 2024. 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 $18M
- Total Rounds 1
- Last Round Private Equity Round — $18M
- First Round $18M
(May 2024)
- Investors Count 1
All 1 funding rounds of Libas 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 |
|---|---|---|---|---|---|
| May 2024 | $18M | Private Equity Round | – | ICICI Venture | – |
1 investors in total: 1 institutional.
Investors in Libas
Libas has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ICICI Venture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Alternative asset management and investment services in India. | 1988 | iciciventure.com | Mumbai, India |
Investor details for Libas
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Board of directors of Zivore Apparel Private Limited (Libas)
Zivore Apparel Private Limited is the primary company behind Libas. The boards of the 2 registered companies of Libas currently have 7 directors; the longest-serving is Purshotam Kumar Keshwani, appointed in 2003. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Purshotam Kumar Keshwani DIN 00073403 | Director | 21 Feb 2003 | 23 yrs 7 mo | Libas Fashions Private Limited |
| Hitesh Keshwani DIN 01626015 | Director | 14 Jan 2008 | 18 yrs 9 mo | Libas Fashions Private Limited |
| Jaya Keshwani DIN 00050288 | Director | 01 Nov 2012 | 13 yrs 11 mo | Libas Fashions Private Limited |
| Saurabh Keshwani DIN 08141408 | Director | 30 Nov 2018 | 7 yrs 10 mo | Libas Fashions Private Limited |
| Sidhant Keshwani DIN 06560424 | Director | 05 May 2022 | 4 yrs 5 mo | Zivore Apparel Private Limited |
| Sunil Kumar Keshwani DIN 00073400 | Director | 05 May 2022 | 4 yrs 5 mo | Zivore Apparel Private Limited |
| Gagandeep Singh Chhina DIN 07397540 | Nominee Director | 30 May 2024 | 2 yrs 4 mo | Zivore Apparel Private Limited |
People of Libas
9 people are tracked at Libas (5 in leadership, 4 in team); the tracked headcount is 1,075.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Co-CEO | Leadership | |
| Co-Founder | Leadership | |
Rajkumar Periwal | Co-CEO | Leadership |
Bhavay Pruthi | Vice President Ecommerce & Omnichannel | Leadership |
Somesh Vatsa | Process Coordinator - Founder's Desk | Leadership |
Khushi Chaurasiya | E-commerce Manager | Team |
Uday Kumar | Operations Manager | Team |
Shubhangi Singh | Senior Merchandiser | Team |
Laxmi Shrivastava | Ecom Executive/ Warehouse Operations | Team |
Complete people profiles for Libas
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Financials of Libas
Figures of Zivore Apparel Private Limited, the primary company behind Libas, for FY 2025. Revenue was ₹612 Cr (+25% year on year). Net loss was -₹16.45 Cr (-3% margin). EBITDA was -₹8.29 Cr (-1% margin).
- ₹612 CrRevenue · FY 2025 · +25% YoY
- -₹16.45 CrNet loss · -3% margin
- -₹8.29 CrEBITDA · -1% margin
- ₹40.75 CrPaid-up capital
- 1,075Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Zivore Apparel Private Limited are on its company page.
Detailed financial statements for Libas
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Libas
2 dated milestones of Libas across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Libas is founded.
- Funding First funding round of $18.0M.
Competitors of Libas
Libas has 8 listed competitors in our database, 7 of them funded. They include Fashor, BIBA, Dressfolk, Koskii and Suta, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fashor.com | 2017 | Chennai, India | $6.23M | 232 | Ethnic wear for women is offered via an internet-first brand. | |
| biba.in | 1988 | Gurugram, India | $57.29M | 2,528 | Women's ethnic wear is offered through an internet-first brand. | |
| dressfolk.com | 2015 | Delhi, India | $838,736 | 5 | Handcrafted ethnic wear for women is offered online by Dressfolk. | |
| koskii.com | 2017 | Bengaluru, India | $7.44M | 442 | Ethnic wear for women is offered online by Koskii. | |
| suta.in | 2016 | Mumbai, India | – | 231 | Online platform selling traditional Indian apparel and accessories. | |
| houseofchikankari.in | 2020 | Delhi, India | $176,551 | 80 | Hand-embroidered Chikankari apparel for men and women is provided. | |
| truebrowns.com | 2016 | Gurugram, India | $389,745 | 50 | Women's apparel is offered through an internet-first brand. | |
| isadoralife.com | 2019 | Raipur, India | $85,103 | – | Ethnic wear for women is offered via an internet-first brand. |
Detailed competitors of Libas
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Web traffic of Libas
The website of Libas (libas.in) receives about 3.3M visits a month and ranks #17,028 among all websites worldwide, #786 in Fashion and Apparel.
- Monthly visits3.3M
▲ 19.1% vs previous month
- Unique visitors1.6M
per month
- Global rank#17,028
among all websites
- Category rank#786
Lifestyle · Fashion and Apparel
- Bounce rate32%
- Pages per visit4.6
- Average visit1 min 27 sec
- DevicesDesktop 4% · Mobile 96%
Websites whose visitors overlap most with Libas. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aachho.com | 100% | 908K | #45,484 | View details | |
| biba.in | 93% | 1.4M | #38,345 | View details | |
| nykaafashion.com | 87% | 13M | #3,399 | View details | |
| koskii.com | 86% | 1.4M | #29,891 | View details | |
| westside.com | 79% | 5.2M | #8,008 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Libas
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Top companies in Fashion & Lifestyle E-Commerce
10 companies that operate in the same segment as Libas (Fashion & Lifestyle E-Commerce), 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 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 719 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Vilnius County, Lithuania | USD 872.04 M | USD 2 M | 4,595 | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | USD 73.11 M | 493 |
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Related news about Libas
Complete news archive for Libas
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Frequently Asked Questions about Libas
Libas was founded in 1985 and raised its 1st funding round 39 years after it was founded.
Libas is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Sidhant Keshwani is the current CEO of Libas. They have also founded this company.
Libas is a funded company, having raised a total of $18M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $18M, raised on May 2024.
Libas has 1,075 employees.
The primary company behind Libas, Zivore Apparel Private Limited, reported revenue of ₹612 Cr for FY 2025, up 25% year on year.
Libas was founded in 1985 in Delhi, India, as a brand focused on womens ethnic apparel. Ready-to-wear clothing is offered, encompassing suits, sarees, lehengas, Indo-Western outfits, loungewear, dresses, and bottom wear. Materials including Chanderi, cotton, crepe, silk, georgette, polyester, and rayon are utilized in production. Operations center on the fashion sector, with distribution through the domain libas.in.
Libas's top competitors include Fashor, Dressfolk and House of Chikankari.
Libas offers Suits, Kurtas, Sarees, Lehengas, and Dresses.
Libas has 1 investor. Key investors include ICICI Venture.
Libas is associated with 2 legal entities: Zivore Apparel Private Limited, Libas Fashions Private Limited.
The legal entities of Libas currently have 9 directors, including Saurabh Keshwani, Jaya Keshwani, Hitesh Keshwani and others.