Vashi closes successful Series B round and opens flagship Piccadilly store
LONDON, 26th September 2017
Bosham Capital Advisors (BCA), Independent Investment, Advisory and Capital Markets specialists is pleased to announce that it has completed a £4.3m Series B round for Diamond Manufacturers (t/a VASHI). VASHI has been selling diamond jewellery predominantly online and from a store on Grafton Street. The opening of a new flagship store in the heart of London on Piccadilly, represents significant growth in the business.
This was the second EIS-eligible financing round that BCA has managed for VASHI over the last 18 months, with a high level of follow on commitments from the original investors. Part of the proceeds from this round have been used to finance the opening of the new flagship VASHI store at 46 Piccadilly which officially opened on 26th September.
Vashi Dominguez, Founder of Diamond Manufacturers, commented:
“We are thrilled to have opened the doors of our flagship store on Piccadilly to the world and to witness the immediate, overwhelmingly positive response from our customers to our brand proposition. We are also grateful to Bosham Capital Advisors for leading the recent highly successful Series B financing for us, and to our existing and new shareholders for supporting our vision for this business”.
Adrian Faure, Managing Director of BCA, noted:
“We are big believers in the VASHI story and have been deeply impressed at the pace and level of execution that has been achieved over the last 18 months. VASHI is a highly disruptive business model in the bridal jewellery market, building significant brand value and with a very exciting future ahead”.
VASHI - www.vashi.com/ - is an aspirational diamond jewellery brand that offers a genuinely unique, disruptive and omni-channel retail experience.
About Bosham Capital Advisors
Bosham Capital Advisors (BCA) -www.boshamcapitaladvisors.com - is an independent investment, corporate finance and capital advisory firm, based in London, which acts as an advisory bridge between investors and investees in Asia & UK. BCA provides investment, corporate finance, strategic advisory, M&A and capital raising services primarily across the digital-media, disruptive technology, consumer and real estate sectors.
For further information contact:
CEO - Diamond Manufacturers Ltd
MD - Bosham Capital Advisors Ltd