Bewakoof to raise Rs 25 crore

The Bollywood merchandise e-retailer Bewakoof plans to raise Rs 25 crore over the next few months, in a bid to fund its growth strategy, which includes expanding its presence online as well as via brick-and-mortar stores.

This online retailer plans to expand its store network by six-fold to 200 by the year end, and also expand its presence beyond Mumbai.

 
Prabhkiran Singh, Director, Bewakoof.com, in a recent media interaction, said, "We are planning to raise funds for meeting our expansion.”