Noida-based lingerie brand Clovia raises $4 million

Lingerie brand Clovia has raised $4 million in pre-Series C funding from investors including Golden Birch Investments and SheCapital Venture Fund. The Noida-based startup was launched by husband-wife duo Pankaj Vermani and Neha Kant, along with designer Suman Chowdhury in 2015. The startup also claims to have recorded 50% growth in sales this year compared to last year.