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VIRGIO - About the company

VIRGIO is a series A company based in Bengaluru (India), founded in 2022 by Masineti Divya. It operates as a Retailer of sustainable and circular fashion clothing crafted from eco-friendly fabrics. VIRGIO has raised $36.9M in funding from Prosus and Alpha Wave Global, with a current valuation of $*****. The company has 1772 active competitors, including 56 funded and 30 that have exited. Its top competitors include companies like Bewakoof, NEWME and FS Life.

Company Details

Retailer of sustainable and circular fashion clothing crafted from eco-friendly fabrics. The brand offers a range of apparel including dresses, co-ords, tops, trousers, and skirts designed with a focus on environmental responsibility. Products are made using recycled and responsibly sourced materials such as organic cotton, recycled polyester, viscose, modal, and lyocell. The company emphasizes a circular approach to fashion by prioritizing low-impact manufacturing practices and sustainable design principles. In addition to clothing, the brand provides a selection of luxury fragrances inspired by artisanal traditions. All items are packaged using zero-waste and biodegradable materials to support a conscious lifestyle.
Social
XFacebook
Email ID
*****@support.virgio.com
Phone Number
+91 **********
Registered Address
Sy. Old No.58/10, New No.58/22,First Floor, Kaveri Oasis,VGP Layout Road,Kudlu village, Bommanahalli (Bangalore), Bangalore, Bangalore South, Karnataka, India, 560068
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Series A
Total Funding
$36.9M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 08, 2023
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
73 as on May 31, 2026
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VIRGIO's funding and investors

VIRGIO has raised a total funding of $36.9M over 3 rounds. Its first funding round was on Apr 06, 2022. Its latest funding round was a Series A round on Dec 01, 2022 for $*****. 2 investors participated in its latest round. VIRGIO has 16 institutional investors and 19 angel investors.

Here is the list of recent funding rounds of VIRGIO:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 01, 2022
1575861
Series A
5313321
2193864
1282394
5278253
Nov 01, 2022
7597072
Series A
8324272
9376865
6195530
Apr 06, 2022
4481188
Series A
4663142
9423143
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VIRGIO's founders and board of directors

Founder? Claim Profile
The founders of VIRGIO is Masineti Divya. Amar Nagaram is the CEO of VIRGIO.
Here are the details of VIRGIO's key team members:

VIRGIO's Board of Directors

VIRGIO's board has 1 active member. Masineti Divya is part of team.
Here is the list of VIRGIO's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 7m

VIRGIO's employee count trend

VIRGIO has 73 employees as of May 26. The total employee count is 11.0% more than what it was in May 25. Here is VIRGIO's employee count trend over the years:
Employee count trend for VIRGIO
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VIRGIO's Competitors and alternates

Top competitors of VIRGIO include Bewakoof, NEWME and FS Life. Here is the list of Top 10 competitors of VIRGIO, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bewakoof
Bewakoof
2011, Mumbai (India), Acquired
Online retailer of fashion apparel and accessories for men and women
$39.5M
77/100
2nd
Logo for NEWME
NEWME
2022, Bengaluru (India), Series B
Internet First brand of current-trend women's apparel, accessories, and coordinated outfit sets
$35.6M
72/100
3rd
Logo for FS Life
FS Life
2016, Gurugram (India), Series B
Retailer of western and modern Indian wear
$12.6M
66/100
4th
Logo for Nobero
Nobero
2014, Hyderabad (India), Acquired
Retailer of fashion apparel and athleisure clothing for men and women
$300K
-
64/100
5th
Logo for VIRGIO
VIRGIO
2022, Bengaluru (India), Series A
Retailer of sustainable and circular fashion clothing crafted from eco-friendly fabrics
$36.9M
66/100
6th
Logo for Go Colors
Go Colors
2011, Chennai (India), Public
Internet first brand of multi category casual wear for women
$27.9M
61/100
7th
Logo for Styched
Styched
2019, Bengaluru (India), Seed
Internet-first brand offering multi-category fashion products for men and women
$925K
61/100
8th
Logo for Theater
Theater
2021, Chandigarh (India), Series A
Internet first brand offering multi-category fashion products for men and women
$7.5M
60/100
9th
Logo for Berrylush
Berrylush
2015, Noida (India), Acquired
Online retailer of women’s dresses, tops, skirts, and accessories
$970K
60/100
10th
Logo for French Connection
French Connection
1972, London (United Kingdom), Acquired
Internet first brand offering apparel wear for women and men
-
58/100
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VIRGIO's Latest cap tables and shareholding

Founders (largest shareholder) own 52.27%, Funds own 28.91%, Enterprises own 0.07% and Angels own 5.46%. The net worth of VIRGIO's founders is INR 682Cr as of Dec 14, 2022. The cap table displayed below is for AMEYAM ENTERPRISE PRIVATE LIMITED which is the legal entity associated with VIRGIO.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
52.27%
682Cr
9455428
7032146
3883750
6645441
Fund
28.91%
377Cr
1419315
2293931
2548887
2870221
2409446
8451147
6499779
5715905
9896546
9999729
970398
382797
272709
191012
402006
560961
0
0
0
0
0
0
Enterprise
0.07%
89.9L
0
0
0
0
Angel
5.46%
71.2Cr
70204
89307
91844
42874
7159
5837
4105
6434
8394
1273
ESOP Pool
13.29%
173Cr
1251686
5229385
1013472
1909130
Total
100.00%
1,300Cr
9820728
8955490
7714099
5561458
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

VIRGIO's Investments and acquisitions

VIRGIO has made no investments or acquisitions yet.

Reports related to VIRGIO

Here is the latest report on VIRGIO's sector:

News related to VIRGIO

lockFilter this list
Media has covered VIRGIO for a total of 5 events in the last 1 year, 4 of them have been about company updates and 1 about people movement.
•
VIRGIO appoints Hansa Nigam as Chief Marketing OfficerBusinessnewsthisweek•Jul 06, 2026•VIRGIO
•
VIRGIO Is Leading India’s Shift to Clean FashionMedia Bulletins•Apr 17, 2026•VIRGIO
•
Virgio eyes Rs 100 crore revenue by FY26Indiatimes•Oct 06, 2025•VIRGIO
•
•
Virgio launches heritage line Artisans of JaipurFashion Network•Mar 03, 2025•VIRGIO
•
VIRGIO Opens Its First Store in Bengaluru, Marking a New MilestoneBusinessnewsthisweek•Jan 13, 2025•VIRGIO
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