Fashion accessories brand Lavie, owned by Bagzone Lifestyles Pvt. Ltd., has secured $9 million in funding from First Bridge India Growth Fund. The investment will be used to establish a manufacturing facility capable of producing 200,000 bags per month and to open 300 exclusive brand outlets. Lavie plans to expand its offline presence in tier 1 and tier 2 cities, aiming to increase its sales from Rs 500 crores in FY23 to Rs 700-750 crores in FY24.