ICICI Venture weaves $18m into Indian ethnicwear brand Libas

ICICI Venture weaves $18m into Indian ethnicwear brand Libas

Photo from Libas's Instagram page

Indian ethnicwear brand Libas has closed its first external funding round with an investment of Rs 150 crore ($18 million) by IAF Series 5, a fund managed by ICICI Venture.

Edited by: Joymitra Rai