Fundz

Sky Gold Closes Financing

PUBLIC · SRKZFJul 08, 2022

Round Type

Funding Round

MumbaiManufacturingSoftwareFashionRetailPrecious MetalsJewelry

Description

VANCOUVER, BC / July 8, 2022 / Sky Gold Corp. (TSXV:SKYG) (US:SRKZF) ("Sky Gold Corp." or the "Company") is pleased to announce that the Company has closed its previously announced non-brokered private placement (see PR dated June 23, 2022). The Company issued a total of 1,236,667 Flow-through units (the "FT Units") and 8,000,000 non-flow-through units (the "NFT Units") for total aggregate gross proceeds of $474,200.02.

Quick answer

Sky Gold Ltd raised an undisclosed amount in a Funding Round round, dated July 8, 2022. Sky Gold Ltd is based in Mumbai, Maharashtra, India.

How much did Sky Gold Ltd raise?
Sky Gold Ltd raised an undisclosed amount in a Funding Round round on July 8, 2022.
What does Sky Gold Ltd do?
Sky Gold Ltd. is a Mumbai-based B2B company established in 2008, specializing in designing, manufacturing, and marketing lightweight gold jewellery.
Where is Sky Gold Ltd based and how big is it?
Sky Gold Ltd is based in Mumbai, Maharashtra, India. Fundz records about 23 employees.

Source: Fundz verified event record.

Who else raised in Fashion and Retail around the same time

Companies in the same sectors as Sky Gold Ltd that raised within 45 days of this round, from Fundz verified event records.

  • CW Sellors raised $1.8M (Seed) on August 15, 2022.
  • Bombas raised $71M on August 15, 2022.
  • Quavo raised $3M on July 20, 2022.
  • Flipkart raised $60M (Series B) on July 19, 2022.
  • Quavo raised an undisclosed amount (Funding Round) on July 19, 2022.
  • PMGC Holdings Inc. raised $2.1M (Seed) on July 15, 2022.

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Company Information

Company

Sky Gold Ltd

Location

Mumbai, Maharashtra, India

About

Sky Gold Ltd. is a Mumbai-based B2B company established in 2008, specializing in designing, manufacturing, and marketing lightweight gold jewellery. It offers a diverse range of gold jewellery, including plain gold, studded gold, diamond-studded, and Turkish jewellery. Sky Gold Ltd. collaborates with prominent jewellery retailers and wholesalers, with its products available in over 2,000 showrooms across India. The company's revenue surpassed Rs. 1,745.5 crore in the financial year (FY) 2024, with plans to increase its EBITDA margin and PAT margin in the next 12-18 months, targeting a revenue of Rs. 6,300 crore by FY27.

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