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OYO-Backed Innov8 Nets INR 110 Cr By Diluting 10% Stake
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SUMMARY
OYO-backed coworking space Innov8 has closed its primary funding round of INR 110 Cr ($12.7 Mn) at a valuation of INR 1,000 Cr
The family offices that participated in the round included Mankind Pharma, Gauri Khan, Rupa Group and Jagruti Dalmia
The company diluted 10% of its stake, facilitated by InCred, to raise the capital
Two months after sharing its fundraising plans, OYO-backed coworking space Innov8
has closed its primary funding round of INR 110 Cr ($12.7 Mn), led by a clutch of prominent family offices, at a…
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