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Wakefit raised Rs 186 crore from investors before its IPO.
Summary
Wakefit Innovations Ltd, a home and furnishings company, secured Rs 186 crore in funding from Steadview Capital, WhiteOak Capital, and Capital 2B. This fundraising precedes the company's initial public offering (IPO), making it a significant development in the Indian economy.
Key Points
- Wakefit Innovations Ltd, a home and furnishings company, raised Rs 186 crore.
- The funding was secured from Steadview Capital, WhiteOak Capital, and Capital 2B.
- Capital 2B is backed by Temasek.
- The fundraising is ahead of Wakefit's IPO.
Full Article
Home and furnishings company Wakefit Innovations Ltd has mobilised Rs 186 crore from three investors, Steadview Capital, WhiteOak Capital, InfoEdge and Temasek-backed Capital 2B, ahead of its initial share-sale opening for public subscription.
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