SBI Life was among the 33 anchor investors that backed the legwear brand’s $61.2m round, disclosed the day before the latter went public.

India-based women’s apparel brand operator Go Fashion issued some 6.6 million shares to investors including insurer SBI Life in return for about Rs 4.56bn ($61.2m), Livemint has reported.

Financial services and investment firm Fidelity and financial holding group Nomura were also among the 33 participants in the round, which took place ahead of Go Fashion’s initial public offering, which took place on November 17.

Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund, HDFC Mutual Fund, Icici Prudential Mutual Fund…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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