Mumbai-based startup SugarBox raising over Rs.500 crore from Zee Entertainment

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Mumbai-based technology startup SugarBox is raising ₹522 crore in a fresh funding round from media and entertainment company Zee Entertainment Enterprises (ZEEL). ZEEL had acquired an 80% stake in the startup three years ago, for nearly ₹75 crore. Founded in 2016, SugarBox provides a platform to let users access several supported mobile apps without an active internet connection.

Source By Inshorts.com

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