VC Fund Investments
Energy solutions co. Padrea raises Rs.31-Cr
Padrea Global Services , a Kolkata-headquartered firm focused on power trading and technology solutions, has attracted INR 31 crore at a valuation of INR 506 crore. The funds will be used to strengthen its core business verticals, expand operations, and advance technological capabilities. The company will also invest in warehousing, transportation, and operational enhancements to streamline coal logistics.Set up in 2007, Padrea aims to offer solutions for wind turbine generators, solar, and waste-to-energy, e-combustible power plants.
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