Lingerie retailer Clovia parent raises funding in round led by AT Capital

Lingerie retailer Clovia parent raises funding in round led by AT Capital

Pankaj Vermani, Co-Founder and CEO, Clovia

Purple Panda Fashions Pvt. Ltd, which runs lingerie retailer Clovia, has raised $10 million in a fresh round of funding led by Singapore-based private equity firm AT Capital, a top Clovia official said. Existing investor IvyCap Ventures also participated in the round, investing about $3 million.

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