Zivame posts Rs 86.6 crore revenue in FY 18

As per regulatory filings with the Ministry of Corporate Affairs, online lingerie retailer Zivame posted Rs 86.6 crore in revenue in FY18, an almost 63 per cent increase from the previous fiscal year. The company’s loss too narrowed even as its expenses increased. The company’s loss declined by 44 per cent to Rs 32.1 crore from Rs 57.6 crore in FY17, while its expenses increased by 8 per cent to Rs 126 crore.