Chumbak raises Rs70 cr from Gaja Capital, Others

Date posted: Monday 6 May 2019

Lifestyle company Chumbak Design has raised ₹70 crore in series D fund-raising from investors led by home-grown private equity fund Gaja Capital. The funds raised in this round will be used for expanding the company’s presence in more tier 2 cities and increasing the number of its stores along with entry into new categories such as beauty and personal care.

(Economic Times)