Bombay Shirt Company to raise Rs 56.6 crore to boost business

Apparel and fashion startup Bombay Shirt Company plans to raise Rs 56.6 crore from early-stage venture capital firm Lightbox Ventures for automating its production and supply chain operations, and expanding its physical presence in 40 to 50 locations, in the next one and a half years. The company also plans to widen its menswear category, by including newer products like trousers and denim among others.