Nazara raises Rs 495 crore from existing investors CaratLane founder Mithun Sacheti led entity; stake increase to trigger open offer

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Mithun Sacheti, founder of Caratlane and Arpit Khandelwal, founder and Managing Partner of Plutus Wealth Management, said they have invested Rs 495 crore through Axana Estates LLP, with their collective stake triggering a mandatory open offer.

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Nazara raises Rs 495 crore from existing investors CaratLane founder Mithun Sacheti led entity; stake increase to trigger open offer



Mithun Sacheti, founder of Caratlane and Arpit Khandelwal, founder and Managing Partner of Plutus Wealth Management, said they have invested Rs 495 crore through Axana Estates LLP, with their collective stake triggering a mandatory open offer.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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