Exclusive: CapGrid kicks off pre-Series B round at 50% valuation premium
B2B manufacturing startup CapGrid has raised Rs 46.28 crore, or $4.87 million, in a pre-Series B funding round led by new investor Hero Enterprise Partner Ventures
Via Entrackr
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"B2B manufacturing startup CapGrid has raised Rs 46.28 crore, or $4.87 million, in a pre-Series B funding round led by new investor Hero Enterprise Partner Ventures, with participation from existing investors Nexus Venture Partners, Anicut Capital, and others. The board at CapGrid passed a special resolution to issue 2,888 compulsorily convertible preference shares (CCPS) at an issue price of Rs 1,60,263 per share to raise fresh capital, according to its regulatory filings accessed by Entrackr. Hero Enterprise Partner Ventures led…
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