Captain Fresh is raising INR 100 Cr (about $12 Mn) in a funding round led by Motilal Oswal Wealth Limited
The startup’s board passed a resolution approving the issuance of 1,002 preference shares at an issue price of INR 9,98,399 each
Captain Fresh has also undertaken a restructuring exercise, under which it issued preference shares in its Indian arm to shareholders of its Norway-based entity
Bengaluru-based B2B seafood startup Captain Fresh
is raising INR 100 Cr (about $12 Mn) in a funding round led by Motilal Oswal Wealth Limited.
According to the startup’s regulatory filings, its board passed a resolution approving the issuance of 1,002 preference shares at an issue price of INR 9,98,399 each. Post this funding, Motilal Oswal Wealth will hold a 2.26% stake in the startup.
Read Full Article at: Inc42 Media
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