Private Equity

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Maritime services provider Sadhav Offshore raises Rs.25-Cr

Entrackr   Sadhav Offshore  

Mumbai-based Sadhav Offshore has raised INR 25 crore led by Negen Undiscovered Value Fund. The round also saw participation from family offices and high-net-worth individuals (HNIs).The fresh funds will be used by the company for launching a floating dry dock facility.Founded in 1992, Sadhav Offshore is a marine and engineering services provider offering a range of services in the offshore, oil & gas, shipbuilding, and ship repair sectors. It provides core engineering services, including dry docking, ship repair, and OEM representations, serving sectors like defense, commercial, and offshore oil & gas.