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Clovia, lingerie retailer: PE funds eye at majority stake

26 December 2021, Mumbai:

Clovia is a lingerie brand that manufactures and sells fashion lingerie, innerwear, nightwear, and shapewear.

The company offers solution-based premium lingerie for Indian women who have been stuck with vanilla and one-size-fits-all undergarments options from generations.

Clovia has more than 200 stores in 50 different locations. It is backed by

Ivy Cap Ventures, Zurich-based Mountain Partners, and Singapore-based AT Capital.

Online-first lingerie and sleepwear retailer Clovia is in early discussions with both local and global private equity (PE) investors.

vc circle 

 (The news article has not been edited by DFU Publications staff)

 

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 Clovia,  lingerie retailer: PE funds eye at majority stake

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