Biba, headquartered in New Delhi, is a leading designer, manufacturer and retailer of women’s ethnic apparel in India. The Company has emerged as one of India’s leading brands in women’s ethnic wear, catering to a mid to mid-premium income consumer and focusing largely on daily/evening wear. Biba’s women-only product line consists of Indian suits (Salwar Kameez Dupattas), separate tops and bottoms (Mix n’ Match), a girls line for ages 2-12 and unstitched fabrics. Biba retails through more than 300 exclusive brand outlets and through approximately 500 department store outlets. The Company was started in 1986 by Meena Bindra, and is now run by her son, Siddharath Bindra. Warburg Pincus invested in Biba in 2013.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $62 billion in assets under management, our active portfolio of more than 190 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, we help build durable companies with sustainable value. We have raised 19 private equity funds, which have invested more than $79 billion in over 880 companies in more than 40 countries.