Karbonn Mobiles is looking at raising $125 million in the next few months through private equity players to fund its expansion plans.
The company is also considering diluting a 15 per cent stake during the process.
It is believed that the funds would be used for expanding its research and development units in Delhi and Bangalore and marketing-related activities. Karbonn is also aiming to sell 10 million handsets by the end of this fiscal year.
