Verlinvest, Mirchandani Family Raise Stakes In Epigamia In $20 Mn Secondary Deal
India, Aug. 25 -- D2C brand Epigamia's existing shareholders Verlinvest and the family of its late cofounder Rohan Mirchandani have increased their stakes in the startup through a secondary transaction valued at $20 Mn.
Sauce.vc also joined Epigamia's cap table as part of the transaction. The deal involved the purchase of shares from existing investors and did not result in any fresh capital infusion into the startup.
DSG Consumer Partners and Deepika Padukone's investment firm KA Enterprises were among the selling shareholders in the transaction. The selling investors sold a portion of their stakes.
Verlinvest first backed the startup in 2016 as part of its $6 Mn Series A funding round. It subsequently increased its stake through part...
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