Captain Fresh: The funding was done through an issue of 1,102 convertible preference shares at a price of over Rs 9 lakh each, the firm said in a filing with the Registrar of Companies.
The funding was done through an issue of 1,102 convertible preference shares at a price of over Rs 9 lakh each, the firm said in a filing with the Registrar of Companies.
Capitan Fresh will use the funds for capital expenditure and expansion of the business. The fundraise appears to be part of an ongoing round, and it is likely that the startup will raise more money.