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.