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Zovi
Online Style Destination For Real Fashionistas. Follow us @Zovi & share your Zovi Look with #ZoviDiaries.
About Zovi
Zovi.com was an online-first apparel and lifestyle brand in India, established in 2010 and officially launched in 2011. The company was founded by Satish Mani, Kavindra Mishra, Sartaj Mehta, and Navneet Rai. Satish Mani, an engineering graduate with a master's from Old Dominion University, brought his tech experience from roles at Cleartrip and Oracle. Kavindra Mishra, an IIM Bangalore alumnus, had an extensive background in retail and brand management with international brands like Tommy Hilfiger and United Colors of Benetton. The founders' vision was to build India's largest fashion brand online by controlling the entire process from design to delivery.
The business operated on a direct-to-consumer model, manufacturing and selling its own branded apparel and accessories exclusively through its website, Zovi.com. This strategy aimed to bypass the inefficiencies of traditional offline retail. The product line started with menswear and later expanded to include womenswear, footwear, and accessories, targeting the youth and college students with affordable pricing. Revenue was generated directly from the sales of these goods. To enhance the shopping experience, Zovi introduced features like "Live," which showed real-time shopping activities of other users, and a beta feature called "Eye" for virtual try-ons using a webcam.
Zovi.com achieved several milestones, including securing significant funding and making a strategic acquisition. The company raised a total of $65.5 million over four rounds from prominent investors such as Tiger Global Management, Elevation Capital (formerly SAIF Partners), Paytm, and GIC. Its first funding round was a Series A of $5.5 million in 2011. A key strategic move was the acquisition of Inkfruit, a community-based fashion retailer, in February 2013, which helped broaden its design capabilities and market reach. The founders of Zovi, Manish Chopra and Satish Mani, later raised $50 million in 2015 to launch a separate online-to-offline (O2O) deals marketplace called 'Little'. By 2016, Zovi's primary website became non-operational as the company shifted its sales focus to marketplaces like Amazon and Flipkart, citing a warehouse relocation. The brand eventually ceased operations.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2010
- Headquarters
- Bengaluru, India
- Employees
- 115
- Open positions
- None listed
- Dealroom signal
- 66.3/100
- Industry
- Fashion
- Sub-industry
- Apparel
- Sector
- eCommerce & Marketplaces, Style, Shopping, Delivery
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 1 company, latest Feb 2013
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Feb 2013 | $10M | $40M | Tiger Global | — |
| SERIES B✓Equity / VC | Jun 2012 | $10M | $40M | Tiger Global | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Zovi is 1.4K monthly website visits, up 1066.7% over the last three months. Zovi's team grew 0.9% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Zovi 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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