News > Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding
Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding
16/12/2022 11:17 PM | Click to read full article
Fashion startup Virgio, co-founded by Amar Nagaram, former Chief Executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from the South Asian market. Prosus Ventures, Alpha Wave and Accel co-led Virgio’s Series A funding, valuing the one-year-old startup at $161 million (post-money). Virgio offers a wide-range of selection in casual, party and ethnic wear.
