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D2C / Consumer · Delhi, Delhi

Clovia

D2C lingerie and intimate-wear brand; majority acquired by Reliance Retail.

Founded by Neha Kant

Verified by Women Can Startup

Snapshot

Founded
2013
Headquarters
Delhi, Delhi
Business model
D2C
Funding stage
Acquired
Employees
201-500
Markets
India
Last updated
25 June 2026

About Clovia

Co-founded with her husband Pankaj Vermani and Suman Chowdhury, Clovia built India’s D2C innerwear category from a tech-led fit engine. In 2022, Reliance Retail Ventures acquired 89% of parent Purple Panda Fashions.

Founder

Neha Kant

Woman Founder

Co-founder & Chief Revenue Officer

Co-founders: Pankaj Vermani — Co-founder & CEO; Suman Chowdhury — Co-founder & COO.

Industry classification

D2C / Consumer Lingerie

Products & services

Bras

T-shirt bras, bralettes, sports and push-up styles across 50+ sizes.

Panties & briefs

Activewear

Nightwear & loungewear

Shapewear & Skivia personal care

Funding

Funding~$25M raised; acquired by Reliance Retail (₹950 Cr)

Investors: IvyCap Ventures, AT Capital, Mountain Partners

Ideal customers

Consumers (D2C)

Typical customer segments for a d2c / consumer company.

Founder story

In-depth profile

How Neha Kant built Clovia

Co-founded with her husband Pankaj Vermani and Suman Chowdhury, Clovia built India’s D2C innerwear category from a tech-led fit engine. In 2022, Reliance Retail Ventures acquired 89% of parent Purple Panda Fashions.

Read the story →

Website, social & contact

Contact Clovia

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Frequently asked questions

What does Clovia do?
Co-founded with her husband Pankaj Vermani and Suman Chowdhury, Clovia built India’s D2C innerwear category from a tech-led fit engine. In 2022, Reliance Retail Ventures acquired 89% of parent Purple Panda Fashions.
Who founded Clovia?
Clovia was founded by Neha Kant.
Where is Clovia headquartered?
Clovia is headquartered in Delhi, Delhi, India.
Is Clovia funded?
Clovia has been acquired.
When was Clovia founded?
Clovia was founded in 2013.