SCHOL,INC. announced that it has received ¥270 million in funding from KIBOW Foundation, Mizuho Capital Co., Ltd., Marui Group Co., Ltd., Mitsubishi UFJ Capital Co., Ltd., Genesia Ventures, Inc. and another investor.
December 04, 2023
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SCHOL,INC. announced that it has raised ¥270 million in a round of funding on December 4, 2023. The transaction included participation from returning investors Kibow Social Investment Fund No. 3,a fund managed by KIBOW Foundation, Mizuho Seicho Shien Fund 4,a fund managed by Mizuho Capital Co., Ltd.,new investors Marui Group Co., Ltd.,Mitsubishi UFJ Capital Co., Ltd.,Genesia Ventures, Inc. and individual investor Miwa Seki.
The company also issued non convertible debt in the transaction.
Marui Group Co, Ltd. specializes in retailing. Net sales break down by activity as follows:
- financial services (65.2%): emission of credit cards, consumer credits grant and insurance services;
- retail distribution (34.8%): sale of clothes, decorative items, domestic articles and food products. The group also provides transportation, advertising services, stores maintenance, management and development, etc.
SCHOL,INC. announced that it has received ¥270 million in funding from KIBOW Foundation, Mizuho Capital Co., Ltd., Marui Group Co., Ltd., Mitsubishi UFJ Capital Co., Ltd., Genesia Ventures, Inc. and another investor.
MARUI GROUP CO., LTD. 