in

Awfis bags Rs 40 Cr in its ongoing Series D round



Awfis bags Rs 40 Cr in its ongoing Series D round

Co-working space provider Awfis has secured Rs 40 crore in a mixed funding round of debt and equity from its existing investors- Bisque Limited and Link Investment Trust.

The Delhi-based company’s Series D round kicked off in August last year in which it had raked in $30 million as the first tranche led by ChrysCapital. The latest investment is the second tranche received by the company for the ongoing Series D round. 

Regulatory filings reflected that the Delhi-based Awfis has allotted 39,400 Series D1 compulsorily convertible debentures (CCD) carrying a nominal coupon rate of 0.001% at Rs 10,000 per share to Bisque Limited to raise Rs 39.4 crore in debt.

Continue reading Awfis bags Rs 40 Cr in its ongoing Series D round at Entrackr.



Source link

What do you think?

Written by Aarzoo Mittal

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Comments

0 comments

[Funding alert] CoinDCX raises $2.5M from Polychain Capital, Coinbase Ventures

Ecommerce Demand Spikes But Will Discounts Retain Customers?