Libas - About the company
Libas is a late stage company based in Noida (India), founded in 1985 by Sidhant Keshwani and Sunil Keshwani. It operates as a Retailer of ethnic and fusion wear for women. Libas has raised $18M in funding from ICICI Venture. The company has 1438 active competitors, including 35 funded and 15 that have exited. Its top competitors include companies like KALKI, BIBA and House of Chikankari.
Company Details
Retailer of ethnic and fusion wear for women. The company offers a curated collection of traditional and contemporary apparel, including kurta sets, suits, dresses, sarees, and lehengas. With a focus on personal style and comfort, the brand provides a wide range of designs crafted from various fabrics to suit diverse preferences. In addition to its primary apparel offerings, the business features a selection of bottom wear and accessories to complete various ensembles.
- 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
Noida, India
Stage
Late Stage
Total Funding
$18M in 1 round
Latest Funding Round
Investors
Ranked
2nd among 1438 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2026
Employee Count
2,152 as on May 31, 2026
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 |
|---|---|---|---|---|
ZIVORE APPAREL PRIVATE LIMITED CIN: U18109DL2022PTC397831 , India, Active | May 05, 2022 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 2152 (As on May 31, 2026) | |
LIBAS FASHIONS PRIVATE LIMITED CIN: U51311DL2003PTC119078 , India, Active | Feb 21, 2003 | 0 - ₹10 Cr (As on Mar 31, 2026) | 2 (As on Apr 01, 2022) |
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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 | 1026081 | PE | 4610675 | 2013982 | 3884515 | 3841084 |
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 5 startups and serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
- Sunil Keshwani: Co-Founder of Libas. Contact Info: 1 email address
Libas' Board of Directors
Libas's board has 4 active members. Saurabh Keshwani is part of team and Jaya Keshwani, Hitesh Keshwani and Purushotam Kumar Keshwari are independent board members.Here is the list of Libas' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 10m | |
Independent board member | - | Current | 13y 11m | |
sqtxuhf | Independent board member | - | Current | 8y 4m |
gszu{gr | Independent board member | - | Current | 5y 9m |
View details of Libas's Founder profiles and Board Members
Libas' employee count trend
Libas has 2,152 employees as of May 26. The total employee count is 39.0% more than what it was in 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 KALKI, BIBA and House of Chikankari. 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 | Retail chain of Indian ethnic wear for women, men, and children | $26.4M | 65/100 | ||
2nd | Retailer of ethnic and fusion wear for women | $18M | 64/100 | ||
3rd | Chains providing ethnic apparel and accessories for women and girls | $57.5M | 60/100 | ||
4th | House of Chikankari 2020, Delhi (India), Series A | Provider of hand-embroidered Chikankari apparel for men and women | $3.43M | 58/100 | |
5th | Retailer of premium cotton kurtas and ethnic wear for women | - | 58/100 | ||
6th | Internet-first brand offering ethnic wear for women | $6.23M | 56/100 | ||
7th | Brand of casual wear for men and women | $18.2M | 56/100 | ||
8th | Designer blouses and sarees online retailer | - | - | 55/100 | |
9th | Online retailer of women’s ethnic clothing, dresses, and suit sets | $11.5M | 55/100 | ||
10th | Brand of ethnic and fusion wear for women and girls | - | - | 55/100 |
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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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Libas Accelerates Offline Expansion with Nine New Stores During Navratri FestivalMedia Bulletins•Oct 13, 2026•Libas
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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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