India Dealbook: Future Lifestyle raises $37m for new arm; Deshpande to set up startup incubation centre

India Dealbook: Future Lifestyle raises $37m for new arm; Deshpande to set up startup incubation centre

Visual sourced from Lee Cooper website

Future Lifestyle has raised nearly $37 million for the subsidiary that will house the Lee Cooper clothing brand from a clutch of investors including Nomura, Braclays and Adani Capital. The Deshpande Foundation will launch the country’s largest start-up incubation centre at Hubballi with an investment of Rs 30 crore.

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