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Apparel

Monte Carlo to raise Rs 380 cr through IPO, PE

Apparel brand Monte Carlo has decided to raise Rs 330-380 crores through a combination of private equity and Initial Public Offer (IPO) next year. This is aimed at setting up a new garment facility and expanding network. The funds raised through these initiatives will be spent on expansion of Monte Carlo Fashions. The brand has branched out of...

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