Libas secures ₹150 crore funding from ICICI Venture's IAF Series 5 fund for growth and doubling sales to ₹1,000 crore by 2026.
Ethnic wear brand Libas secures ₹150 crore funding from ICICI Venture's IAF Series 5 fund. The brand plans to use the funds to strengthen its omnichannel presence, expand its offline retail presence, and enhance its marketing and technology capabilities. This first funding round will help accelerate the brand's growth and reach its target of doubling sales to ₹1,000 crore by 2026.
May 30, 2024
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