About Libas
Libas is a company based in Delhi (India) founded in 1985 by Sidhant Keshwani and Sunil Keshwani. Libas has raised $18 million across 1 funding round from investors including ICICI Venture. The company has 1,075 employees as of March 18, 2025. Libas offers products and services including Suits, Kurtas, Sarees, Lehengas, and Dresses. Libas operates in a competitive market with competitors including Fashor, BIBA, Dressfolk, Koskii and Suta, among others.
- Headquarter Delhi, India
- Employees 1075 as on 18 Mar, 2025
- Founders Sidhant Keshwani, Sunil Keshwani
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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 Zivore Apparel Private Limited
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$57.28 M (USD)34.28as on Mar 31, 2024
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Net Profit
$561.53 K (USD)-65.25as on Mar 31, 2024
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EBITDA
$1.33 M (USD)-47.79as on Mar 31, 2024
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Total Equity Funding
$18 M (USD)
in 1 rounds
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Latest Funding Round
$18 M (USD), Private Equity Round
May 30, 2024
- Investors
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Employee Count
1075
as on Mar 18, 2025
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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.
People of Libas
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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.
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 |
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Alternative asset management and investment services in India.
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Investor details for Libas
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Investments & Acquisitions by Libas
Investment portfolio details for Libas
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Financial Statements - Libas
Detailed financials for Libas
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Libas Comparisons
Peer comparison for Libas
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Competitors of Libas
Libas 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, BIBA, Dressfolk, Koskii and Suta, among others.
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Ethnic wear for women is offered via an internet-first brand.
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Women's ethnic wear is offered through an internet-first brand.
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Handcrafted ethnic wear for women is offered online by Dressfolk.
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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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Hand-embroidered Chikankari apparel for men and women is provided.
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Detailed competitors of Libas
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Latest news on 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.
As of Mar 18, 2025, the latest employee count at Libas is 1,075.
Annual revenue of Libas is $57.28M as on Mar 31, 2024.
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.