Virgio

Bengaluru, India Founded: 2022 • Age: 4 yrs
Internet first brand offering apparel for men and women
Annual revenue $893,471 Latest available
Total funding $37.8M 2 rounds
Employees 44 Tracked headcount
Investors 36 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Virgio

Virgio is a company based in Bengaluru (India) founded in 2022 by Masineti Divya and Amar Nagaram. Virgio has raised $37.76 million across 2 funding rounds from investors including Accel, Wellfound and Naspers. The company has 44 employees as of April 08, 2024. Virgio offers products and services including Ethical Dresses, Sustainable Co-Ords, Eco Tops, Earth Friendly Trousers, and Slow Fashion Skirts. Virgio operates in a competitive market with competitors including Hersheinbox, The Summer House, Interwove, Ammarzo and Asparsh, among others.

  • Headquarter Bengaluru, India
  • Employees 44 as on 08 Apr, 2024
  • Founders Masineti Divya, Amar Nagaram
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Ameyam Enterprise Private Limited
  • Date of Incorporation 22 Feb, 2022
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Retail → Consumer & Fashion Retail Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $893.47 K (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    -$4.9 M (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    -$5.35 M (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $37.76 M (USD)

    in 2 rounds

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

    Dec 01, 2022

  • Investors
    Accel

    & 35 more

  • Employee Count
    44

    as on Apr 08, 2024

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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.

Product name locked
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Primary

Dresses made from eco-friendly fabrics for sustainable wear.

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Matching tops and bottoms using organic materials for fashion.

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Tops from recycled fabrics for everyday ethical clothing.

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Trousers made with sustainable materials for versatile use.

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

People of Virgio

Headcount 50-200
Employee Profiles 17
Employee Profiles
People
Swati Singh
Fashion Designer
People
Ashish Ranka
Head of Product, Tech and Design
People
Amar Nagaram
Founder
People
Hansa Nigam
Marketing

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Tech companies are invested in by this venture capital firm.
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Global investments in early and growth-stage tech firms are conducted.
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Venture capital firm focused on growth-stage companies
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Investor details for Virgio

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  • Investor domains
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Investments & Acquisitions by Virgio

Investments
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Investment portfolio details for Virgio

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Virgio

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Detailed financials for Virgio

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  • Profit trends
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Virgio Comparisons

Virgio Primary company
Description
Internet first brand offering apparel for men and women
Location
Bengaluru, India
Founded Year
2022
Annual Revenue
$893.47 K (USD)
Net Profit
-$4.9 M (USD)
EBITDA
-$5.35 M (USD)
Employees
44
As of 2024
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Peer comparison for Virgio

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Virgio

Virgio 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 Hersheinbox, The Summer House, Interwove, Ammarzo and Asparsh, among others.

Company Name Domain Founded year HQ Location Description
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Runs a direct-to-consumer brand offering sustainable casual wear for women.
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Sustainable clothing and home goods are designed and retailed.
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Casual men's wear is offered online by Interwove.
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Offers luxury sleepwear, nightwear, and loungewear using natural fabrics.
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Sustainable women's workwear brand selling kurtas, dresses, and apparel online.
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Detailed competitors of Virgio

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Latest news on Virgio

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Complete news archive for Virgio

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

As of Apr 08, 2024, the latest employee count at Virgio is 44.

Annual revenue of Virgio is $893.47K as on Mar 31, 2023.

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.

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