Elefant retailer raises EUR 5.5 mln from Axxess Capital-backed fund and Catalyst Romania

Online retailer Elefant.ro, controlled by businessman Ion Sturza, has attracted a new round of financing worth EUR 5.5 million from Emerging Europe Accession Fund (EEAF), which is advised by Axxess Capital, and Catalyst Romania, which is already a shareholder in the company, business-review.eu reads. Following the deal, the EEAF has become a minority shareholder in the e-commerce player. The deal is pending the approval of the Competition ...

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