PE-VC Fund Investments
Contract manufacturing platform NG Electro raises Rs.150-Cr led by JM Financial PE
Mumbai-based NG Electro Products Pvt Ltd has raised INR 150 crore, led by JM Financial Private Equity.Founded in 2006 by Piyush Mittal, NG Electro Products operates as a contract manufacturing platform for home care products, beauty and personal care formulations, and nutraceutical supplements. The capital will be used to support the company’s expansion of manufacturing capacity, increase investment in research and development and product innovation, and enhance its quality and compliance infrastructure.
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