Delhi's ethnic wear brand Shree raises ₹80 crore

Delhi-based women ethnic wear brand Shree's parent SHR Lifestyles has raised around ₹80 crore equity capital from Mumbai-based private investment firm Alpha Capital. Launched in 2009 by Sandeep Kapoor and Sheetal Kapoor, Shree said it aims to expand its operations across around 10 states in India. The brand is believed to have annual revenue of around ₹60-70 crore, VCCircle reported.

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