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Tag: funds

Tea cafe chain Chaayos raises US$ 21.5 million funds

Tea cafe chain Chaayos on Tuesday said it has raised US$ 21.5 million in a mix of equity and debt funding to further expand its business. It said that the company is looking at opening 300 cafes over the next 3-4 years. “Continued confidence of our guests has allowed us to expand our café network …

Tea cafe chain Chaayos raises US$ 21.5 million fundsRead More

Future Retail board approves raising funds up to US$500 million

Kishore Biyani-led Future Retail on Saturday said its board has approved raising of long-term funds up to US$ 500 million (around Rs 3,588 crore) for the acquisition of certain in-store infrastructure retail assets. “The board has reconsidered the various funding options for the acquisition of the retail infrastructure assets and found it more efficient to …

Future Retail board approves raising funds up to US$500 millionRead More