Consumer electronics startup boAt has brought Rs 440 crore up in its Series B round from Cayman Islands-based South Lake Investment Limited. Administrative filings show that boAt has distributed 15,507 Series B inclination shares at an issue cost of Rs 2,83,749 to raise the aggregate.
The crisp financing from South Lake has come when Warburg Pincus was purportedly in talks with boAt to obtain a…
