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D2C Water Purifier Brand DrinkPrime Raises ₹20 Cr, Valuation Jumps To $36.8 Mn
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D2C Water Purifier Brand DrinkPrime Raises ₹20 Cr, Valuation Jumps To $36.8 Mn
Water purifier brand DrinkPrime has raised ₹20 Cr (about $2.2 Mn) in its extended Series A round, along with an undisclosed debt. The round saw participation from new investors Mirabilis Investment Trust and Artha India Ventures. According to the D2C brand’s regulatory filings, its board approved the issuance of 21,718 Series A3 CCPS at a face value of ₹10 and a premium of ₹9,195 per share through a preferential allotment. The fresh funding roun…
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