Retailer Hits Unicorn Status on Rs 900 Cr Blended Round, Debt Tranche Dominates at 2:1 Ratio

The ~$109M raise—split Rs 600 Cr debt to Rs 300 Cr equity—signals mature capital discipline over dilutive growth funding, though undisclosed investors and unspecified pre/post-money basis limit full conviction.

ndtv-profit-business · 6/28/2026, 1:19:24 PM · Ask about this →