Bulgarian E-Commerce Startup Ebag.Bg to Seek 1 Mln Euro in Cap Hike

Bulgarian E-Commerce Startup Ebag.Bg to Seek 1 Mln Euro in Cap Hike

Bulgaria's Convenience, which operates online grocery shop eBag.bg, will seek to raise 1.9 million levs ($1.2 million/1 million euro) in an upcoming capital increase, according to commercial register documents. Convenience intends to issue 6,250 Class A shares at a price of 96 levs apiece, and 10,914 Class B shares at a price of 116.48 levs per share, documents filed by the company with the commercial register on Thursday showed. In November 2018, Bulgarian venture capital fund Eleven Ventures said that it has decided to invest between 100,000 euro and 300,000 euro in eBag.bg. Online grocery shop eBag.bg offers more than 11,000 products and makes over 250 daily deliveries in Sofia.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.