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Lifestyle e-tailer Koovs to raise $4.4 mn from HT Media

Monday, May 30, 2016 | More »

Koovs plc, the UK-based parent of Indian lifestyle e-tailer Koovs.com, will raise £3 million (about $4.4 million or Rs 29.5 crore) from newspaper publisher HT Media Ltd by selling an 8.31% stake. HT Media is purchasing 12 million shares at 25 pence each, the publisher of Hindustan Times and Mint ne...