Private Equity

PE Fund Investments

Ethnic wear brand Libas eyes Rs.200-Cr to scale offline expansion

Mint Print Edition  

Internet-first ethnic wear brand Libas is in talks with investors to raise INR 150 crore to INR 200 crore to scale offline expansion. The women's apparel brand that sells mostly through online and via marketplaces plans to open 50 store by March 2023. It also plans to launch more collections under Libas brand.