Boldfit secures 400 crore rupees in Series B round
Bengaluru-based sports brand Boldfit raised over 400 crore rupees in Series B financing to fund nationwide retail expansion and product development.
FTMQ Startups, written by our newsroom0 views
Bengaluru-based sports brand Boldfit has raised over 400 crore rupees, or nearly 42 million dollars, in a Series B funding round, Entrackr and The Economic Times reported. Entrackr noted that the financing was led by Bharat Value Fund, which is managed by The Wealth Company Alternates, a part of the Pantomath Group. [1][3]
Existing investor Bessemer Venture Partners also participated in the transaction, according to Entrackr. The capital will be used to fund company growth, including nationwide retail expansion and product development. [1]
The startup previously secured 110 crore rupees, or around 13 million dollars, in a funding round led by Bessemer Venture Partners in November 2024, Entrackr reported. Boldfit also raised 8.37 million dollars from existing investors, including cricketer KL Rahul. [1]
In short
- Boldfit raised over 400 crore rupees in a Series B funding round.
- Bharat Value Fund led the round alongside existing investor Bessemer Venture Partners.
- Boldfit previously raised 110 crore rupees in November 2024.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]KL Rahul-backed Boldfit raises over Rs 400 Cr in Series B round led by Bharat Value FundEntrackr, 11h ago (the report this story comes from)
- [2]Atlas Atomics Raises About $400 Million Series A At $1.9 Billion ValuationPulse 2.0, 1d ago
- [3]The Wealth Company AIF invests Rs 400 crore in BoldfitThe Economic Times, 13h ago
Background
- [4]Ayushman Bharat Yojana on Wikipedia
- [5]Series A round on Wikipedia
Our newsroom writes these reports with the help of software, from the 5 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
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