Cupid Limited Invests $34.25M in Baazar Style Retail via Preferential Equity Warrants

Deal Summary

Baazar Style Retail Limited secured a Rs 331.53 crore ($34.25 million) investment from Cupid Limited through a preferential issue of equity warrants. The funding, disclosed in the company's FY ’26 results on May 20 2026, will support store expansion and diversification into personal care and wellness.