Libas plans 50+ new stores in FY27
By Abha Lohia ·
Libas: revenue and funding and every story →
- Libas is a direct-to-consumer ethnic wear brand for women, led by founder and CEO Sidhant Keshwani
- It opened nine own stores in five cities during Navratri and aims for more than 50 additions in FY27
- The brand also entered fashion jewellery online, planning 600 to 700 designs by March, mostly priced between ₹800 and ₹2,000
What happened
- Libas opens nine exclusive stores in Bengaluru, Jaipur, Kanpur, Noida and Jabalpur.
- It plans 50+ stores in FY27.
- It launched fashion jewellery with a festive range.
Why it matters
- Offline stores let the brand serve local demand with a steady experience.
- Jewellery adds a second category for festive buyers.
The business
- Libas sells ethnic wear for women online and in stores.
- It crossed ₹1,000 crore annual run rate in March 2026.
The founders
In numbers
₹609.1 CrRevenue · FY25
₹486.5 CrRevenue · FY24
What happens next
- Grow jewellery to 600-700 designs by March.
Words to know
- Run rate
- Yearly revenue estimated from current sales
Other articles talking about it
Terms in this story
- D2C: A D2C, or direct-to-consumer, brand makes its own products and sells them straight to buyers, mostly online, without a shop owner or distributor in between. The brand owns the customer relationship and the data, but also carries the cost of finding every buyer.
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