Monday, 19 August 2013
Deal Alert: Sequoia, Norwest to invest $10-M in outdoor-gear maker Wildcraft: report
Posted on 21:08 by Unknown
Sequoia Capital and Norwest Venture Partners are backing Bangalore-based outdoor-gear maker Wildcraft with a $10-million investment. The funds are valuing the backpack and rucksack brand at nearly $50 million. The fund raising is part of the strategy to transformWildcraft from mostly a technical outdoor gear to a broader lifestyle and leisure business.
Wildcraft's sales are nearing Rs 100
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