Lingerie startup Zivame gets ₹20 crore from Zodius, Avendus

Bengaluru-based online lingerie retailer Zivame has raised around ₹20 crore in an equity funding round from existing investors Zodius Capital and Avendus Capital. It raised ₹60 crore in a bridge Series C funding round in March. Founded by Richa Kar and Kapil Karekar, Zivame started as a lingerie-brand aggregator and later pivoted to a private label business in 2016.