Everstone, ICICI invest $23.5m in Sohan Lal Commodity
Everstone Capital and ICICI Bank's Emerging India Fund (EIF) have jointly invested INR1.3 billion ($23.5 million) in Sohan Lal Commodity Management as part of a Series C round of funding. The two investors now own stakes of 25.55% and 6.93%, respectively.
Previous investors Mayfield Fund and Nexus India Direct Investment II also participated in the fresh round of funding for the warehousing and collateral management company. According to VC Circle, Sohan...
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