Sneaker brand Gully Labs kicks off Series A round

Share via:


Sneaker brand Gully Labs has raised Rs 26.5 crore ($3 million) in its Series A round, led by Saama Capital, with participation from seed round investor Zeropearl and other individual investors.

The board at Gully Labs has passed a resolution to issue 10 equity shares and 31,925 Series A compulsorily convertible preference shares (CCPS) at an issue price of Rs 8,301 per share, aiming to raise Rs 26.50 crore, as per its regulatory filing with the Registrar of Companies (RoC).

Saama Capital led the round with an investment of Rs 22.6 crore, while…



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.

Popular

More Like this

Sneaker brand Gully Labs kicks off Series A round


Sneaker brand Gully Labs has raised Rs 26.5 crore ($3 million) in its Series A round, led by Saama Capital, with participation from seed round investor Zeropearl and other individual investors.

The board at Gully Labs has passed a resolution to issue 10 equity shares and 31,925 Series A compulsorily convertible preference shares (CCPS) at an issue price of Rs 8,301 per share, aiming to raise Rs 26.50 crore, as per its regulatory filing with the Registrar of Companies (RoC).

Saama Capital led the round with an investment of Rs 22.6 crore, while…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

AI Attack Ad in Texas Senate Race Shows John...

A video from Ken Paxton, a Republican primary challenger...

Tech Mahindra posts strongest December quarter in three years

Tech Mahindra demonstrated sufficient progress in its turnaround...

AI cloud startup Runpod hits $120M in ARR —...

Runpod, an AI app hosting platform that launched...

Popular

best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv