Libas - About the company
Libas is a late stage company based in Delhi (India), founded in 1985 by Sidhant Keshwani and Sunil Keshwani. It operates as an Online retailer of women’s Indian clothing, including suits and kurtas. Libas has raised $18M in funding from ICICI Venture. The company has 52 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Indian Silk House Agencies, Roman Island and Identiti.
Company Details
Online retailer of women’s Indian clothing, including suits and kurtas. The company offers a variety of ethnic sets consisting of kurtas, bottoms, and dupattas. Designer kurtas are available in different lengths, sleeve lengths, cuts, prints, and patterns. Bottom wear includes salwar pants, trousers, churidars, palazzos, and sharara pants.
- Website
- www.libas.in/
- Email ID
- *****@libas.in
- Phone Number
- +91 **********
- Registered Address
- D-42, CENTRAL MARKET LAJPAT NAGAR-II, NEW DELHI, Delhi, India, 110024
Key Metrics
Founded Year
1985
Location
Delhi, India
Stage
Late Stage
Total Funding
$18M in 1 round
Latest Funding Round
Investors
Ranked
1st among 52 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
1,553 as on May 31, 2025
Legal entities associated with Libas
Libas is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LIBAS FASHIONS PRIVATE LIMITED CIN: U51311DL2003PTC119078 , India, Active | Feb 21, 2003 | 0 - ₹10 Cr (As on Mar 31, 2025) | 2 (As on Apr 01, 2022) | |
ZIVORE APPAREL PRIVATE LIMITED CIN: U18109DL2022PTC397831 , India, Active | May 05, 2022 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 1982 (As on Mar 01, 2026) |
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Libas's funding and investors
Libas has raised a total funding of $18M over 1 round. Its latest funding round was a PE round on May 30, 2024 for $*****. 1 investor participated in its latest round. Libas has 1 institutional investor.
Here is the list of recent funding rounds of Libas:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 30, 2024 | 2974161 | PE | 2442571 | 7935599 | 3332234 | 6578223 |
View details of Libas's funding rounds and investors
Libas' founders and board of directors
Founder? Claim ProfileThe founders of Libas are Sidhant Keshwani and Sunil Keshwani. Sidhant Keshwani is the CEO of Libas.
Here are the details of Libas' key team members:
- Sidhant Keshwani: Co-Founder & CEO of Libas. They are also an angel investor in 4 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Sunil Keshwani: Co-Founder of Libas. Contact Info: 1 email address
Libas' Board of Directors
Libas's board has 5 active members. Purshotam Keshwani, Jaya Keshwani, Hitesh Keshwani, Saurabh Keshwani and Purushotam Kumar Keshwari are part of team.Here is the list of Libas' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 23y 4m | |
Team | - | Current | 13y 8m | |
Team | - | Current | 18y 6m | |
Team | - | Current | 7y 7m | |
Team | - | Current | 23y 4m | |
kyod{eq | Team | - | Past | 9y 6m |
View details of Libas's Founder profiles and Board Members
Libas' employee count trend
Libas has 1,553 employees as of May 25. Here is Libas's employee count trend over the years:
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Libas's Competitors and alternates
Top competitors of Libas include Indian Silk House Agencies, Roman Island and Identiti. Here is the list of Top 10 competitors of Libas, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of women’s Indian clothing, including suits and kurtas | $18M | 63/100 | ||
2nd | Indian Silk House Agencies 1971, Kolkata (India), Seed | Retailer of sarees, blouses, salwar suits, lehengas, menswear, jewellery, accessories and kids wear | $28.7K | 43/100 | |
3rd | Roman Island 2011, Hyderabad (India), Unfunded | Online retailer of men's apparel and accessories | - | - | 42/100 |
4th | Online retailer of men's and women's apparel | - | - | 39/100 | |
5th | Internet first brand of ethnic wear for women, kids and accessories | - | - | 39/100 | |
6th | Ethnic wear and silk sarees brand for women. | - | - | 39/100 | |
7th | Retailer of ethnic clothing and occasion wear for all genders | - | - | 37/100 | |
8th | Retailer of men's and women's denim and apparel | - | - | 37/100 | |
9th | Retailer of handcrafted sarees and fabrics | - | - | 37/100 | |
10th | Hasbro Clothing 1992, Chennai (India), Unfunded | Manufacturer of men's clothing focusing on design and quality | - | - | 34/100 |
Looking for more details on Libas's competitors? Click here to see the top ones
Libas's Investments and acquisitions
Libas has made no investments or acquisitions yet.
Reports related to Libas
Here is the latest report on Libas's sector:
News related to Libas
Media has covered Libas for a total of 8 events in the last 1 year, 3 of them have been about company updates and 1 about people movement.
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Quick fashion: Legacy brands race to match instant delivery demandsLivemint•May 06, 2026•Libas, BIBA
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Ethnic wear brand Libas targets IPO by early next fiscal as it steps up store pushVCCircle•Apr 15, 2026•Libas
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Libas moves to break marketplace dependence with retail, quick commerce pushBusiness Line•Apr 02, 2026•Libas
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Libas Appoints Saurav Shah as Chief Financial Officer to Strengthen Leadership TeamApparelResources•Feb 11, 2026•Libas
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Libas Consumer Standalone September 2025 Net Sales at Rs 13.97 crore, up 40.82% Y-o-YMoneycontrol•Nov 24, 2025•Libas
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Libas debuts on Myntra's M-Now to tap into demand for swift deliveriesFashion Network•Mar 11, 2025•Libas, Myntra
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