Bangalore-based Chumbak, which sells designer-led consumer products, has raised Rs. 85 crore ($13 million) in a fresh funding round led by mid-market private equity firm Gaja Capital..Existing investors venture capital firms Matrix Partners India and Seedfund also participated in the round, putting in Rs 22 crore and Rs 6 crore, respectively. Gaja Capital invested Rs 52 crore, reported ET..Rajaram Legal acted for Chumbak and Matrix and the team was led by Partners Archana Rajaram and Priyadarshini Sherchan..DSK Legal advised Gaja Capital and the team included Associate Partner Pritha Jha, Deepti Sarma, Sanket Jain, Taskeen Hamid, Mayank Mehta, Rukmini Bose and Pooja Khanna..ALMT Legal acted for Seedfund Group and the team was led y Partner Arindam Basu..Image taken from here.
Bangalore-based Chumbak, which sells designer-led consumer products, has raised Rs. 85 crore ($13 million) in a fresh funding round led by mid-market private equity firm Gaja Capital..Existing investors venture capital firms Matrix Partners India and Seedfund also participated in the round, putting in Rs 22 crore and Rs 6 crore, respectively. Gaja Capital invested Rs 52 crore, reported ET..Rajaram Legal acted for Chumbak and Matrix and the team was led by Partners Archana Rajaram and Priyadarshini Sherchan..DSK Legal advised Gaja Capital and the team included Associate Partner Pritha Jha, Deepti Sarma, Sanket Jain, Taskeen Hamid, Mayank Mehta, Rukmini Bose and Pooja Khanna..ALMT Legal acted for Seedfund Group and the team was led y Partner Arindam Basu..Image taken from here.