
<p>Sequoia Capital has invested R70 Cr in the outdoor gear retail chain Wildcraft, TOI states. The funds will be used to increase its production capacity over the next four years.</p><p>Wildcraft started in 1992 by Dinesh KS is today an internationally recognized brand. It manufactures outdoor gear like rucksacks, backpacks, travel gear, camping gear, tents, sleeping bags, camera bags and accessories.</p><p>The Bangalore-based retailer has 41 exclusive stores across Bangalore, Hyderabad, Chennai, Ernakulam, Mangalore, Mumbai, Pune, Ahmedabad, NOIDA, Delhi and Chandigarh, with its gear being additionally available in over 500 multi-branded stores across India.</p><p>It reported sales of over $1 Bn and its enterprise valuation comes to over R300 Cr.</p><p><a href="http://www.dealcurry.com/20131217-Update-Wildcraft-Secures-Investment-From-Sequoia-Capital.htm">Keep reading...</a></p>