Clovia
https://www.clovia.comFounded :
2012
Type :
Product
Size :
100-500
Stage :
Bootstrapped
About
Clovia is a web-based retail platform offering lingerie and innerwear products for women. Previously known as MoodsOfCloe, re-branded in June 2015. The company has a manufacturing unit in India where the raw materials are processed with the imported fabric. Investors include Mountain Apollo India, an accelerator set up in India by Mountain Partners, Switzerland in association with the Apollo Group. Operated by Purple Panda Retail Pvt Ltd. In April 2017 raised $4 million from existing investor IvyCap Ventures as well as from Singularity Ventures and Ravi Dhariwal, a former chief executive of Bennett Coleman & Co Ltd. Claims to have 1.5 million visitors to its website every month, registers nearly 80% of its sales on its mobile website and app. Raised $4 million from existing investor IvyCap Ventures as well as from Singularity Ventures and Ravi Dhariwal in April'17
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