Private Equity PE-VC Fund Investments
Construction-tech co. Knest raises Rs.300-Cr from Lighthouse Funds
Source Knest (opens in a new tab)Yourstory (opens in a new tab)
Private Equity firm Lighthouse Funds has invested INR 300 crore in Pune-based construction technology company Knest Manufacturing .Founded in 2015, Knest provides technologies that help project delivery, enhance worker safety, and reduce environmental impact in the construction industry. It specialises in aluminium framework and patented hydraulic safety screens. The company currently operates three manufacturing facilities across Maharashtra and Gujarat.The new funds will be used by the company to accelerate research and development (R&D), expand manufacturing capabilities and aid backward integration.