Darwinbox Bags $140 Mn Funding To Fuel Overseas Expansion

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SUMMARY

The mega-funding round was co-led by Partners Group and KKR and saw participation from growth equity firm Gravity Holdings

In a statement, the startup said that the fresh capital will allow it to accelerate its international expansion plans as well as deepen its tech stack

In FY24, the Hyderabad-based startup claims to have reported a 58% growth in its total revenue to INR 393 Cr on the back of its overseas expansion bid

Just a week after it was reported that DarwinBox is in discussions to raise a mega funding, the…



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Darwinbox Bags $140 Mn Funding To Fuel Overseas Expansion


SUMMARY

The mega-funding round was co-led by Partners Group and KKR and saw participation from growth equity firm Gravity Holdings

In a statement, the startup said that the fresh capital will allow it to accelerate its international expansion plans as well as deepen its tech stack

In FY24, the Hyderabad-based startup claims to have reported a 58% growth in its total revenue to INR 393 Cr on the back of its overseas expansion bid

Just a week after it was reported that DarwinBox is in discussions to raise a mega funding, the…



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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