PE Fund Investments
Jewellery brand Kushal’s raises Rs.284-Cr from Lighthouse; India SME part exits
Kushal’s , a Bengaluru-based fashion and silver jewellery brand, has raised INR 284 crore in a Series B funding round from mid-market private equity firm Lighthouse (via its newly raised Lighthouse India IV AIF).The capital infusion also includes a secondary transaction, giving a partial exit to India SME Investments, Kushal's first institutional investor, which invested in the brand in 2019. Kushal’s will use this new capital to build the brand and scale up its retail presence.
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