Page 11 - Fund Raising

D2C fashion brand Bewakoof raises Rs 30 cr from IvyCap Ventures

Direct-to-consumer (D2C) fashion brand Bewakoof on Thursday said it has raised Rs 30 crore from IvyCap Ventures. The fresh proceeds would help the company in the growth journey towards a Rs 1,000 crore company by financial year 2024, it said. "Bewakoof has raised Rs 30 crore from IvyCap Ventures Trust Fund II. The fresh infusion has come 10 months after their previous fundraise. Last year, Bewakoof had raised Rs 8 crore in May 2020 after raising from Investcorp in October 2019," the company said in a statement. Bewakoof intends to invest the funds in enhancing customer experience, technology and newer product categories as it prepares for the next phase of growth. Founded in 2012, Bewakoof claims to have registered revenue of over Rs 200 crore in financial year 2019. Due to the pandemic, the company expects revenue to be 30-35 per cent lower than pre-COVID numbers, but with better unit economics than the previous year. Bewakoof is backed by institutional investors like Investcorp

DLF to raise Rs 500 crore via NCDs in its first major fund hunt in 2021

The Delhi-based group's latest bid to raise funds will be at a coupon rate of 8.25 percent.

Godrej Properties raises Rs 3,750 crore through QIP issue

Realty firm Godrej Properties on Tuesday said it has raised Rs 3,750 crore through sale of shares to institutional investors.

AU Small Finance Bank shares jump 3% as lender launches QIP issue

The issue has been set at a floor price of Rs 1,181.06 per share, on which the lender may offer a discount of not more than 5 per cent, according to its exchange filing.

SBI Card plans to raise up to Rs 2,000 crore through debt securities

The firm looks to issue debt securities in one or more tranches

Indiabulls Housing Finance raises Rs 1,091 cr via foreign currency bonds

The firm issued foreign currency convertible bonds

Cos garner Rs 9,100 cr through public issuance of NCDs in Apr-Jan period

As many as eight firms raised over Rs 9,100 crore through retail issuance of non-convertible debentures in the first ten months of the ongoing fiscal

Thomas Cook extends gains to 3rd day, jumps 6% on plans to raise Rs 450 cr

The travel services firm said it plans to raise up to Rs 450 crore via the issue of Optionally Convertible Cumulative Redeemable Preference shares (OCCRPS) through private placement

Poly Medicure gains 6% on successful fund raising via QIP issue

The company's QIP committee approved the allotment of 7.63 million equity shares to eligible qualified institutional buyers at a price of Rs 524 per equity share

Logistics firm Shiprocket raises Rs 200 crore in series C funding round

Investors included Silicon Valley based venture capital firm Tribe Capital

Dish TV jumps 6% as board approves raising up to Rs 1,000 crore

The company and its promoters settled with Sebi cases of alleged disclosure lapses after paying nearly Rs 45 lakh as settlement charges

Elon Musk's SpaceX raises $850 million in fresh funding: Report

The fundraise valued the firm at about $74 billion, the report said

MediBuddy raises Rs 25 crore debt fund from InnoVen Capital

Digital healthcare platform MediBuddy has raised Rs 25 crore debt fund from InnoVen Capital

Heranba Industries IPO to open on Feb 23; to raise Rs 625 crore

The price band for the initial public offer has been fixed at Rs 626-627 per share

India Quotient raises fourth fund worth $80mn for 'game-changing' startups

Venture capital fund has funded close to 70 startups over the last eight years.

Godrej Properties plans to raise Rs 3,750 crore via QIP for land parcel buy

Looks to raise Rs 3,750 crore; board has cleared proposal for fundraise

Bumble raises stakes for IPO date with over $7 billion valuation target

The firm on Monday increased the size of its much-awaited stock market debut

Edtech startup Newton School raises $5 million Series A round of financing

City-based ed-tech startup, Newton School, has raised USD five million Series A round of financing, led by RTP Global. The funding round saw participation from existing investors Nexus Venture Partners, Prophetic Ventures and Unacademy co-founders Gaurav Munjal, Roman Saini and Hemesh Singh. Flipkarts CEO Kalyan Krishnamoorthy, CREDs Kunal Shah, Freshworks Girish Mathrubootham, Udaans Sujeet Kumar and Razorpay founders Harshil Mathur & Shashank Kumar along with a slew of angels also participated in the round, it said in a statement. The capital will be used for team expansion, scaling student intake and product development, it was stated.

Vested Finance raises $3.6 million funding from Moving Capital, others

Ovo Fund and TenOneTen Ventures in the US also took part in the funding round

V-Mart Retail raises Rs 375 cr from qualified institutional buyers

V-Mart Retail on Wednesday said it has raised Rs 374.99 crore