Virgio

Bengaluru, India Founded: 2022 • Age: 4 yrs Minicorn
Internet first brand offering apparel for men and women

About Virgio

Virgio is a Retail company based in Bengaluru (India) founded in 2022 by Masineti Divya and Amar Nagaram. It operates as an internet first brand offering apparel for men and women. Virgio has raised $37.76 million across 2 funding rounds from investors including Accel, Wellfound and Naspers. The company has 44 employees. Virgio was last valued at $158.08 million in December 2022. Its chief executive is Amar Nagaram. Its website virgio.com draws about 330 thousand monthly visits. Its Indian entity Ameyam Enterprise Private Limited reported revenue of ₹31.89 Cr. Virgio offers products and services including Ethical Dresses, Sustainable Co-Ords, Eco Tops, Earth Friendly Trousers, and Slow Fashion Skirts. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel. Its competitors include Hersheinbox, The Summer House, Interwove, Ammarzo and Asparsh and 2 more; 2 of its 7 listed competitors have raised funding.

Company details

Virgio was founded in 2022 in Bengaluru, India, as an internet-first brand in the apparel sector. A range of products including t-shirts, shirts, jeans, and sportswear is provided for men and women, along with footwear and womens accessories such as handbags. Operations are conducted primarily online, with a mobile app available on the Google Play Store and Apple App Store.

  • Headquarters Bengaluru, India
  • Employees 44
  • Founders Masineti Divya, Amar Nagaram
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website virgio.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Ameyam Enterprise Private Limited
  • Date of Incorporation 22 Feb, 2022
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹31.89 Cr

    FY 2025 · +123% YoY

  • Net Loss
    -₹33.42 Cr

    FY 2025 · -105% margin

  • EBITDA
    -₹31.70 Cr

    FY 2025 · -99% margin

  • Total Equity Funding
    $37.76M (USD)

    in 2 rounds

  • Latest Funding Round
    $10M (USD), Series A

    Dec 2022

  • Investors
    Accel

    & 35 more

  • Employee Count
    44

Products & Services of Virgio

Virgio offers a comprehensive portfolio of products and services, including Ethical Dresses, Sustainable Co-Ords, Eco Tops, Earth Friendly Trousers, and Slow Fashion Skirts.

Ethical Dresses
Apparel

Dresses made from eco-friendly fabrics for sustainable wear.

Sustainable Co-Ords
Apparel

Matching tops and bottoms using organic materials for fashion.

Eco Tops
Apparel

Tops from recycled fabrics for everyday ethical clothing.

Earth Friendly Trousers
Apparel

Trousers made with sustainable materials for versatile use.

Slow Fashion Skirts
Apparel

Skirts from organic cotton for elegant and eco-conscious style.

Apps and channels of Virgio

Virgio publishes 2 mobile apps with over 500K+ downloads; its YouTube channel Virgio has 3 subscribers.

VIRGIO - Fashion Shopping App
Google Play Shopping Everyone Free
Developer: Ameyam Enterprise Private Limited
View on Google Play
VIRGIO – Fashion Shopping
App Store Shopping 4+
Developer: Ameyam Enterprise Private Limited
View on App Store
Virgio
YouTube 3 subscribers
Open channel

Funding Insights of Virgio

Virgio has successfully raised a total of $37.76M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in December 2022. 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 $37.76M
  • Total Rounds 2
  • Last Round Series A — $10M
  • First Round $27.76M

    (Apr 2022)

  • Investors Count 36

All 2 funding rounds of Virgio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2022$10MSeries A$158.08MProsus
Apr 2022$27.76MSeries A$107.01MAlpha Wave Global
Valuation history
DateValuationStage
Dec 2022$158.08M••••••••
Apr 2022$107.01M••••••••

Last known valuation $158.08M (Dec 2022). 36 investors in total: 18 institutional and 18 angel.

Investors in Virgio

Virgio has secured backing from 36 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Wellfound and Naspers.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Tech companies are invested in by this venture capital firm.
1997prosus.comAmsterdam, Netherlands
Global investments in early and growth-stage tech firms are conducted.
1915naspers.comCape Town, South Africa
Venture capital firm focused on growth-stage companies
–alphawaveglobal.comNew York, United States
Investments are directed by Viko Ventures toward real-estate technology startups.
–vikoventures.tcc.modeHyderabad, India
Investments are managed by G V Sanjay Reddy's family office.
–reddy.co.inHyderabad, India
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Multiple strategies are utilized in hedge fund operations.
–threestatecapital.comAustin, United States
Venture capital investments in tech-startups
–kwaish.tcc.modeSeattle, United States
Venture capital funding is provided to innovative startups in India.
–qedinnovationlabs.tcc.modeMumbai, India
Venture capital firm focused on early-stage investments
–kwaishventures.tcc.modeSeattle, United States
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Investor details for Virgio

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Board of directors of Ameyam Enterprise Private Limited (Virgio)

Ameyam Enterprise Private Limited is the primary company behind Virgio. The board of Ameyam Enterprise Private Limited currently have 2 directors; the longest-serving is Nagaram Amar Rajesh, appointed in 2022. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nagaram Amar Rajesh
DIN 08414245
Director22 Feb 20224 yrs 7 moAmeyam Enterprise Private Limited
Balaji Kannan
DIN 09425699
Director27 Jan 20233 yrs 8 moAmeyam Enterprise Private Limited

People of Virgio

18 people are tracked at Virgio (7 in leadership, 11 in team); the tracked headcount is 44.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Chief Financial OfficerLeadership
Ashish Ranka
Head of Product, Tech and DesignLeadership
Mohita Rastogi
Head Of Design, Sourcing, Category & Creative Direction At VirgioLeadership
Mukesh Kr. R.
Head Of Design & ProductLeadership
Ishneet Kaur
Head of International BusinessLeadership
Swati Singh
Fashion DesignerTeam
Hansa Nigam
MarketingTeam
Syed Alamdaar Hussain
OperationsTeam
Syed Zubair Ahmed
Data AnalystTeam
Ritvik Hegde
ProductTeam
Manish Nath Pandey
Brand Quality ManagerTeam
Amit Mathur
All Things Talent & TeamTeam
Anand Prakash
Design ManagerTeam
Muskan Singh
Associate Manager Human ResourcesTeam
Aviral Singh
Software EngineerTeam
Lingesh Biradar
OperationsTeam
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Complete people profiles for Virgio

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Virgio

Figures of Ameyam Enterprise Private Limited, the primary company behind Virgio, for FY 2025. Revenue was ₹31.89 Cr (+123% year on year). Net loss was -₹33.42 Cr (-105% margin). EBITDA was -₹31.70 Cr (-99% margin).

  • ₹31.89 CrRevenue · FY 2025 · +123% YoY
  • -₹33.42 CrNet loss · -105% margin
  • -₹31.70 CrEBITDA · -99% margin
  • ₹13.75 CrPaid-up capital
  • 44Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Ameyam Enterprise Private Limited are on its company page.

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Detailed financial statements for Virgio

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Virgio

4 dated milestones of Virgio, from founding to its latest funding, stage changes and deals.

  1. Founded Virgio is founded.
  2. Funding First funding round of $27.8M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $10.0M.

Competitors of Virgio

Virgio has 7 listed competitors in our database, 2 of them funded. They include Hersheinbox, The Summer House, Interwove, Ammarzo and Asparsh, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hersheinbox.com2021Panchkula, India––
Runs a direct-to-consumer brand offering sustainable casual wear for women.
thesummerhouse.in2015Bengaluru, India$328,61817
Sustainable clothing and home goods are designed and retailed.
interwove.in2022Palghar, India$61,737–
Casual men's wear is offered online by Interwove.
ammarzo.com1990Mumbai, India––
Offers luxury sleepwear, nightwear, and loungewear using natural fabrics.
asparshglobal.com2020Katihar, India––
Sustainable women's workwear brand selling kurtas, dresses, and apparel online.
callingjune.com2022Gurugram, India––
Online retailer specializing in stylish dresses, blouses, and fashion essentials.
doodlage.in2013Delhi, India––
Sustainable brand creating upcycled clothing from factory and consumer waste materials.
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Detailed competitors of Virgio

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Web traffic of Virgio

The website of Virgio (virgio.com) receives about 330.4K visits a month.

  • Monthly visits
    330.4K

    ▼ 31.9% vs previous month

Similar websites

Websites whose visitors overlap most with Virgio. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
nykaafashion.com
100%
13M#3,399View details
westside.com
95%
5.2M#8,008View details
littleboxindia.com
91%
1.7M#25,594View details
newme.asia
88%
1.5M#30,501View details
ordinaree.com
87%
–#862,330View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 40 similar websites and full traffic analytics for Virgio

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Top companies in Fashion & Lifestyle E-Commerce

10 companies that operate in the same segment as Virgio (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M719
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, Vilnius County, LithuaniaUSD 872.04 MUSD 2 M4,595
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M887
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 MUSD 73.11 M493
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Related news about Virgio

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Frequently Asked Questions about Virgio

Virgio was founded in 2022.

Virgio is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Amar Nagaram is the current CEO of Virgio. They have also founded this company.

Virgio is a funded company, having raised a total of $37.76M across 2 funding rounds to date. The company's 1st funding round was a Series A of $27.76M, raised on Apr 2022.

Virgio has 44 employees.

The primary company behind Virgio, Ameyam Enterprise Private Limited, reported revenue of ₹31.89 Cr for FY 2025, up 123% year on year.

Virgio was founded in 2022 in Bengaluru, India, as an internet-first brand in the apparel sector. A range of products including t-shirts, shirts, jeans, and sportswear is provided for men and women, along with footwear and womens accessories such as handbags. Operations are conducted primarily online, with a mobile app available on the Google Play Store and Apple App Store.

Virgio's top competitors include Hersheinbox, Doodlage and Interwove.

Virgio offers Ethical Dresses, Sustainable Co-Ords, Eco Tops, Earth Friendly Trousers, and Slow Fashion Skirts.

Virgio has 36 investors. Key investors include Accel, Wellfound, Naspers, Prosus, and Exceed Entertainment.

The valuation of Virgio is $158.08M as of Dec 2022.

Virgio operates through Ameyam Enterprise Private Limited.

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