08/14/2015
Lingerie etailer Zivame is close to raising $40 million in funding led by Malaysian sovereign wealth fund Khazanah Nasional Berhad and Mumbai-based investment firm Zodius Capital, according to three people directly aware of the matter. The deal is likely to value Zivame at close to $100 million, according to one of the persons quoted above. "Zivame will invest the cash in discounting, expanding private label and marketing," said another person. [ 300 more words. ]
http://youthcreativity.com/lingerie-e-tailer-site-zivame-close-to-raising-40-million/
Lingerie etailer Zivame is close to raising $40 million in funding led by Malaysian sovereign wealth fund Khazanah Nasional Berhad and Mumbai-based investment firm Zodius Capital, according to three people directly aware of the matter. The deal is likely to value Zivame at close to $100 million, ac…