Private Equity Other Private Equity/Strategic Investments
Building materials maker PARE Innovations raises Rs.73-Cr from Advenza Global
Thane-based PARE Innovations , a manufacturer of ceiling, wall and facade panels, has raised INR 72.9 crore (USD 8.5 million) in its first funding round from Advenza Global Ltd at a post-money valuation of INR 540 crore.The firm claims presence in 13 countries and plans to expand to more than 50 countries.