Milky Mist to raise Rs 357 Cr in pre-IPO round

Dairy company Milky Mist is set to raise Rs 357 crore (around $42 million) in a pre-IPO funding round, according to a filing with the Registrar of Companies (RoC). 

However, the regulatory filing did not disclose the names of the investors participating in the pre-IPO round.

The company also received the board’s nod for the fresh issue of Milky Mist’s equity shares worth Rs 1,785 crore ($210 million), according to the separate resolution reviewed by Entrackr

This development…