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iStreet Network to raise Rs 100 crore

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Capital Market
Last Updated : Apr 09 2014 | 11:59 PM IST

For expansion purpose

iStreet Network has announced a plan to raise Rs 100 crore in a phased manner which shall be utilised for building fulfilment facility, upgrading the software strengthening its backend technologies, introducing new opportunity to the network partners, operations and working capital. The Company has planned to set up 1100 stores during FY 2014-15 and increase the size to 2800 stores by FY 2015-16.

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First Published: Apr 09 2014 | 10:19 AM IST

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