Footwear retailer Khadim’s in talks to raise $12.7M from Reliance Equity Advisors

Premium

Kolkata-based footwear manufacturer and retailer Khadim India Ltd, which runs its operations under the brand Khadim’s, is in advanced talks with private equity player Reliance Equity Advisors to raise Rs 80 crore ($12.7 million), a source familiar with the development told VCCircle.Another source said that initially the firm was out ......