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Lavie parent closes maiden fund-raise
Mint Mumbai
|October 12, 2023
Bagzone Lifestyles Pvt. Ltd, which owns the handbag brand Lavie, raised $9 million (around ₹75 crore) in its first ever institutional funding round since its inception in 2010.
The round was led by homegrown private equity company First Bridge which will deploy capital for Lavie via its India Growth Fund.
"Lavie comes with a long track record of building successful consumer businesses," said Ayush Tainwala, chief executive of Bagzone.
Cette histoire est tirée de l'édition October 12, 2023 de Mint Mumbai.
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