Corporate Valuations - News French winemaker Labruyère bets $5 mn on Sanjeev Kapoor’s Wonderchef



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French winemaker Labruyère bets $5 mn on Sanjeev Kapoor’s Wonderchef


Date: 7-April-2017

Mumbai-based Wonderchef Home Appliances Pvt. Ltd, which sells kitchen appliances and cookware, will receive $5 million from French winemaker Labruyère Eberlé.Labruyère will pump the funds into Wonderchef over the next two years, Ravi Saxena, managing director of Wonderchef,The company will use the capital to enhance its manufacturing capabilities in India, apart from investing in expansion and branding. Wonderchef had raised $5 million from Zurich-headquartered investment firm Capvent in June 2015.

 
 
 
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