🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

vishakha Jangir

 • 

Set2Score • 21d

Libas : An ethnic fusion Libas is an Indian women’s ethnic-fusion wear brand founded in 1985 in Noida and later transformed into a digital-first D2C fashion business present on its own site and major marketplaces, now also expanding offline through brand outlets and multi-brand stores across metros and soon tier-2/3 cities. The brand targets the modern Indian woman combining ethnic heritage with contemporary silhouettes and fast, trend-aligned designs to stay relevant and scalable in a crowded ethnic apparel market. The company recorded ~₹487 crore revenue in FY24 growing ~38% YOY but profits dropped sharply to ~₹5 crore due to high material costs, heavy advertising spends and employee expansion while simultaneously building inventory and offline infrastructure. Libas raised ~₹150 crore in 2024 from India Advantage Fund to drive Omnichannel expansion, improve supply chain and plan exports while aiming to reach ~₹1,000 crore revenue and an SME IPO in the next 2–3 years. Despite competitive pressure and margin constraints, Libas’ growth thesis is built on strong brand recall in ethnic wear, fast design cycle, digital distribution, omni-store expansion and diaspora/global potential of Indian fashion.

Reply
12
20

More like this

Recommendations from Medial

Mahendra Lochhab

Content creator • 1y

Ethnic Wear D2C Brand Libas Raises INR 150 Cr From ICICI Ventures for accelerate offline expansion across geographies, and ramp up its exclusive brand and retail outlets across key metros and Tier-1, 2, and 3 cities.

Reply
3
Image Description
Image Description

NISHA JAISWAL

WORKING ON MYSELF • 10m

i want to launch my D2C Ethnic wear Brand Internationally. any Tips and Guidance please.

9 Replies
4

Rohit Thakur

#startupowner • 7m

Why Indians Prefer Traditional Wear in Fashion Traditional wear in India isn’t just fashion — it’s culture. From sarees to kurtas, these outfits reflect heritage, identity, and celebration. Despite modern trends, Indians continue to embrace ethnic w

See More
Reply
11

atul pingle

Customise Tailoring ... • 1y

We are men's fashion brand dealing in men's formal wear, ethnic wear and wedding wear.. (Shirts, Trouser, kurta-Paijama, Suit, Sherwani, Bundi) We looking for investor with funding ₹20 lakhs in return of 15% In next 5 years we will be 100cr company.

See More
Reply
3

The Dori Store

Hey I am on Medial • 3m

Quit UPSC, Built a Brand: The Dori Store’s Journey Begins The Dori Store is a new-age Indian ethnic wear brand offering premium sarees, lehengas, suits, and kurtis — delivered directly from artisans to customers, ensuring quality and affordability w

See More
Reply
5

Mahendra Lochhab

Content creator • 8m

Indian brand that giving tough competition to ZARA and H&M. Siddharth Dungarwal opened his first men's wear store at the age of 18. Later he started B2B men's wear brand 4M Clothing. In 2019, Siddharth launched a direct to customer men's wear brand

See More
Reply
3
26
Image Description
Image Description

Merwin Rebello

Build to earn • 12m

I have an idea about a fashion app+ dating will match based on fashion style as people look for what to wear first for offline meet let me know 👍🏻

12 Replies
7
Image Description

Hamza siddiqui

Founder | Fashion Fr... • 4m

Hi, I’m Hamza Siddiqui, founder of Fashion Frenzy, a women’s ethnic wear brand based in Mumbai. I’ve been manufacturing and wholesaling ladies kurtis for 2+ years, supplying boutiques and small retailers across India. Now, I want to take this to the

See More
1 Reply
1
4
Image Description

Krushna Khedkar

Hey I am on Medial • 8m

Hello everyone We are running women’s wear fashion brand in surat. I am looking for guidance how to get touch with investors i want investors for my business

1 Reply
2

Download the medial app to read full posts, comements and news.