INR 21.6 Cr From Lightspeed To Pivot To Beauty Consultations For EkAneks Foxy Bags

SUMMARY: EkAnek passed a special resolution allocating 31,638 CCPS at a cost of INR 6,827.4 per to Lightspeed India, amounting to INR 21.6 Cr in total. Also, the business increased the number of stock options in its ESOP pool by 7,520, to 29,657.

Foxy is an online store that was established in 2018 and offers a large selection of cosmetics, grooming, and beauty products.INR 21.6 Cr from Lightspeed to Pivot to Beauty Consultations for EkAnek's Foxy Bags. Parent company EkAnek of the beauty e-commerce platform Foxy has secured INR 21.6 Cr ($2.5 Mn) in a strategic financing round led by current investor Lightspeed India.