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Noida-based lingerie startup Clovia raises $4 million

Noida-based lingerie startup Clovia raises $4 million

Tuesday, April 11, 2017, 6:56 PM

Noida-based lingerie and sleepwear startup, Clovia has raised $4 million from existing investor IvyCap Ventures as well as from Singularity Ventures and Ravi Dhariwal, a former chief executive of Bennett Coleman & Co Ltd, the publisher of this paper. The company, operated by Purple Panda Fashion, had in 2015 raised an undisclosed amount, estimated to be between Rs 20 crore and Rs 30 crore, from IvyCap Ventures.
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