PE-VC Fund Investments
EPC solutions provider for nuclear projects Core Energy Systems raises Rs.200-Cr
Mumbai-based Core Energy Systems has raised INR 200 crore in a fresh funding round led by Pankaj Prasoon and Ashish Kacholia, alongside other strategic investors. The funding round marks the exit of early investor IDBI Capital Markets & Securities, which supported Core through Maharashtra’s Defence and Aerospace Venture Fund.The proceeds will be deployed by the company for expanding its infrastructure facilities and research capabilities, besides accelerating its work on large-scale nuclear projects.Founded in 2000, Core Energy Systems is an engineering, procurement and construction services provider for the nuclear, oil and gas, and defence sectors.
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