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Zivame

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Helping women uninhibitedly shop for intimate wear online

Bengaluru, IndiaFounded 2011eCommerce & Marketplaces
Valuation $10–25M Last recorded · 2019
Headcount 500–1k Current team size
Total funding $50–100M Disclosed equity funding
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About Zivame

Zivame operates as a premier online-first retailer in India specializing in women's intimate wear, loungewear, and activewear. Founded in 2011 by Richa Kar and Kapil Ravindra Karekar, the company was established to address the social discomfort and lack of privacy many Indian women experienced when shopping for lingerie in brick-and-mortar stores. Richa Kar, an engineering graduate from BITS Pilani with an MBA from Narsee Monjee Institute of Management Studies, conceived the idea for Zivame while working as a consultant for SAP. During a project with Limited Brands, the parent company of Victoria's Secret, she identified a significant gap in the Indian market for a private, comfortable, and well-serviced lingerie shopping experience.

The company's business model is centered on a direct-to-consumer approach via its e-commerce platform, which offers a vast selection of products. Initially starting as an aggregator of various brands, Zivame pivoted to a private-label business model around 2016, which now accounts for a significant portion of its revenue. Revenue is generated primarily through the sale of its wide range of products, including bras, panties, sleepwear, shapewear, and activewear. Zivame serves women across India, with a notable portion of its sales coming from Tier 2 and Tier 3 cities. The company has also adopted an omnichannel strategy, integrating its online presence with physical "Fit Studios" to offer fittings and a seamless shopping experience. In 2020, Reliance Brands, a subsidiary of Reliance Industries, acquired a majority stake in Zivame, providing a significant boost to its retail infrastructure and expansion capabilities.

Zivame's core offering is a diverse product catalog featuring over 5,000 styles across 50 brands and 100 sizes, aiming to cater to all body types. The platform provides a personalized shopping journey with features like size guides and fit consultants to help customers find the right products. Key product benefits include addressing common issues with intimate wear through specialized designs like padded wireless strapless bras and wireless push-up bras that offer support without discomfort. The company emphasizes discreet packaging, easy returns, and creating a judgment-free environment, which has been a crucial selling point since its inception. This focus on customer experience and empowerment helped Zivame challenge industry norms and build a loyal customer base.

Source: Dealroom company data

At a glance

Founded
2011
Headquarters
Bengaluru, India
Sector
eCommerce & Marketplaces

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A7 investors entered at this stage

  • IDG Ventures
  • Kalaari Capital
  • IndoUS Venture Partners
  • Chiratae Ventures
  • Ronnie Screwvala
  • Unilazer Ventures
  • Avendus Capital

Series B and later3 investors entered at this stage

  • Zodius Capital
  • Khazanah Nasional Berhad
  • Allana group
Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇮🇳 India96.6%
🇧🇩 Bangladesh0.8%
🇩🇪 Germany0.4%
🇦🇪 United Arab Emirates0.4%
🇭🇰 Hong Kong0.4%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Zivame on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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