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KOOH Sports raises follow-on round fund of $2.2mn

HDFC, Faering Capital, Elevate Sports, founders participate; funds to be used to pursue international markets expansion

BS REPORTER  |  Pune 

KOOH Sports, health and fitness company which uses sports as a primary vehicle for transformation at the grass root level, today announced that it has recently closed a fresh follow-on round of $2.2 million. Existing investors such as HDFC, Faering Capital, Elevate Sports and the founders have participated in this round. The fresh funds will be used to pursue international markets expansion, taking new product innovations to market and also to enhance working capital to meet high growth needs. KOOH Sports is currently operating in 180 schools across 50 cities, with 80 multi-sport ...

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First Published: Fri, October 07 2016. 16:32 IST
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