BoAt closes $60-million funding from Warburg and M..

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BoAt closes $60-million funding from Warburg and Malabar Investments: Clearing Its Path To Become Unicorn. | #BoAt’s #unlisted shares

BoAt closes $60-million funding from Warburg and Malabar Investments: Clearing Its Path To Become Unicorn.

BoAt closes $60-million funding from Warburg and Malabar Investments: Clearing Its Path To Become Unicorn.

The company BoAt would raise around ₹ 500 crores from private investors rather than providing their IPO publically. This change of plan is the result of high market volatility, as BoAt does not want to take any risk in its profit generation.

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