Caravan Craft gets a funding boost of Rs 8.5 cr

Caravan Craft has raised funds worth Rs 8.5 crore from existing investor Unitus Seed Fund along with a clutch of other investors. This takes the total amount of equity raised by the company to Rs 12 crores. The company has also raised a debt of Rs 14 crores from National Skill Development Corporation (NSDC) from a total project sanction of Rs 42 crores.