10 million capital injection for plus-size fashion Navabi

Navabi has received a ten million euros capital injection which the

online plus-size fashion retailer is planning to invest to maintain its “rapid growth rate” in Germany and to accelerate growth in the international markets it currently focuses on – UK, US and France.

Dominique Vidal, from Index Ventures showed the venture capital firm’s excitement to participate in navabi’s further expansion: “We are excited to partner with Navabi. They have built a very desirable loyal customer base. They are very well positioned to becoming the leader in this large underserved market, building an inspirational and aspirational brand in Europe and beyond.”

Reports broke Tuesday that Index Ventures has led a ten million euros Series C investment round in Navabi, an online retailer for plus-size fashion. Existing investors, which include Seventure Partners and Dumont Venture, also participated in the fundraising.

The German e-tailer started trading in 2007 and has since then raised circa 13.5 million euros. Navabi stocks designer fashion brands such as Anna Scholz, Manon Baptiste and Roberto Cavalli White, together with its own label, in sizes 12 to 28.