Aequs Private Ltd., a diversified manufacturing associate for international OEMs and home gamers throughout Aerospace, Toys, and Consumer Durable Goods verticals, has acquired an funding of ₹225 crore ($27.5 million) in a funding spherical led by the personal fairness agency Amicus Capital.
The firm’s current buyers, too, have participated in this funding spherical and the recent funds could be invested in the direction of scaling up the corporate’s manufacturing capabilities to serve each home and multinational OEMs shoppers throughout three verticals it operates, as per an organization assertion.
Aravind Melligeri, Chairman & CEO mentioned, “The equity investment by Amicus Capital marks the first external funding into Aequs and sets us on a new trajectory to further expand operations in the three current verticals and continue to provide world-class manufacturing solutions to our global customers.”
