Snitch To Raise INR 280 Cr In Latest Funding Round

Share via:


SUMMARY

The board of Snitch has passed a special resolution to allot 1,755 Series B CCPS at a premium of INR 15.89 Lakh on a preferential basis to 360 Asset Management Fund, IvyCap Ventures and SWC Global

While 360 Asset Management Fund is investing INR 220.12 Cr, IvyCap Ventures and SWC Global will infuse INR 29.40 Cr each in the new fund raise

The development comes at the heart of the Bengaluru-based startup’s plans to boost its product offerings, expansion of offline stores and eyeing global markets

D2C fashion brand



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

Snitch To Raise INR 280 Cr In Latest Funding Round


SUMMARY

The board of Snitch has passed a special resolution to allot 1,755 Series B CCPS at a premium of INR 15.89 Lakh on a preferential basis to 360 Asset Management Fund, IvyCap Ventures and SWC Global

While 360 Asset Management Fund is investing INR 220.12 Cr, IvyCap Ventures and SWC Global will infuse INR 29.40 Cr each in the new fund raise

The development comes at the heart of the Bengaluru-based startup’s plans to boost its product offerings, expansion of offline stores and eyeing global markets

D2C fashion brand



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

Why the operating room is ripe for AI, according...

There’s plenty of hype around AI and robots...

Govt amends cab aggregator rules; introduces gender choice option,...

In a significant move aimed at enhancing passenger...

Organisational memory is the next frontier in enterprise AI,...

As artificial intelligence reshapes enterprise software, a new...

Popular