"This would be the first time the company would be taking any external capital. Till today, the company is bootstrapped. We are in the process of empanelling bankers to start the fund-raising. We already have a couple of investors who have shown interest. We expect this to happen over the next 3-4 months," Pitti said.
Earlier this month, the company board gave an in-principle approval for raising funds of up to ₹1,000 crore through a combination of preferential issue of equity shares along with warrants.
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