OYO-Backed Innov8 Nets INR 110 Cr By Diluting 10% Stake

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SUMMARY

OYO-backed coworking space Innov8 has closed its primary funding round of INR 110 Cr ($12.7 Mn) at a valuation of INR 1,000 Cr

The family offices that participated in the round included Mankind Pharma, Gauri Khan, Rupa Group and Jagruti Dalmia

The company diluted 10% of its stake, facilitated by InCred, to raise the capital

Two months after sharing its fundraising plans, OYO-backed coworking space Innov8 has closed its primary funding round of INR 110 Cr ($12.7 Mn), led by a clutch of prominent family offices, at a…



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OYO-Backed Innov8 Nets INR 110 Cr By Diluting 10% Stake


SUMMARY

OYO-backed coworking space Innov8 has closed its primary funding round of INR 110 Cr ($12.7 Mn) at a valuation of INR 1,000 Cr

The family offices that participated in the round included Mankind Pharma, Gauri Khan, Rupa Group and Jagruti Dalmia

The company diluted 10% of its stake, facilitated by InCred, to raise the capital

Two months after sharing its fundraising plans, OYO-backed coworking space Innov8 has closed its primary funding round of INR 110 Cr ($12.7 Mn), led by a clutch of prominent family offices, at a…



Source link

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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