FundedIQ
Clothing and Apparel

Clovia: Funding, Investors & Team (Sep 2026)

Clovia is a lingerie brand that manufactures and sells fashion lingerie, innerwear, nightwear, and shapewear. The company offers solution-based premium lingerie for Indian women who have been stuck with vanilla and one-size-fits-all undergarments options from generations. Clovia has more than 200 stores in 50 different locations. It is backed by Ivy Cap Ventures, Zurich-based Mountain Partners, and Singapore based AT Capital.

www.clovia.com LinkedIn Noida, India 251-500 employees
E-Commerce Fashion Lingerie Retail Women's
Total raised
$4.0M
Rounds
1
Latest
Undisclosed round
Dec 2020

Clovia has raised $4.0M across 1 funding round on record, the most recent an undisclosed round of $4.0M announced in Dec 2020.

That round is above the $3.0M median round size for Clothing and Apparel companies tracked on FundedIQ over the last two years.

Clovia Company Profile and Key Stats

Total funding raised
$4.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$4.0M in Dec 2020
Employees
251-500
reported band
Headquarters
Noida, India

Latest funding round on record: Dec 2020.

Clovia Funding Rounds

Date
Round
Amount
Undisclosed round
$4.0M

Clovia Founders and Leadership Team

Name
Role
Contact
Pankaj Vermani
CEO
Locked

Contact details for the Clovia team: 1 of 1 has an email address on file.

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Clovia Funding Compared to Other Clothing and Apparel Startups

Segment
Companies
Median round
3,220
$3.0M

Clovia's latest round of $4.0M is above the median round in Clothing and Apparel. Medians cover the last 24 months of disclosed rounds.

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Clovia Funding FAQs

What does Clovia do?

Clovia is a lingerie brand that manufactures and sells fashion lingerie, innerwear, nightwear, and shapewear. The company offers solution-based premium lingerie for Indian women who have been stuck with vanilla and one-size-fits-all undergarments options from generations. Clovia has more than 200 stores in 50 different locations. It is backed by Ivy Cap Ventures, Zurich-based Mountain Partners, and Singapore based AT Capital.

How much funding has Clovia raised?

Clovia has raised $4.0M across 1 round on record. The most recent is an undisclosed round of $4.0M announced in Dec 2020.

When did Clovia last raise funding?

Clovia's most recent funding round on record is an undisclosed round of $4.0M, announced in Dec 2020.

Who is the CEO of Clovia?

Pankaj Vermani is listed as CEO at Clovia.

Where is Clovia headquartered?

Clovia is based in Noida, Uttar Pradesh, India.

How many employees does Clovia have?

Clovia is in the 251-500 employee band.

How does Clovia's funding compare to other Clothing and Apparel startups?

Clovia's latest round of $4.0M is above the $3.0M median round size for Clothing and Apparel companies on FundedIQ across 584 tracked companies over the last two years.

About FundedIQ's Clovia Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Clovia is left off this page rather than filled in.

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