Koovs plc (AIM:KOOV) is looking to raise about £23 million this year to accelerate its growth plans and expand presence in the Indian e-commerce market. Waheed Alli, Chairman of Koovs said in a statement, “We will need up to £50 million to fund our acceleration plan. This will be done in tranches. This year, we are looking at about £22-23 million, which we expect to close in the new few months".