MUMBAI, Dec 14 (Reuters) - India's Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300 million, as it seeks to bet on the ...
Rare Rabbit reported a profit of INR 32.2 Cr FY23, a 84% increase from INR 17.5 Cr In FY23, Rare Rabbit’s sales surged by 77% YoY to INR 376 Cr, from INR 212.5 Cr The startup’s EBITDA stood at INR ...
The transaction will involve about INR 250 Cr in primary capital being injected into the company, with the remaining amount coming from a secondary share sale by the husband-wife duo, Akshika and ...
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