Power sector focused EPC co. Vikran raises Rs.100-Cr from Negen Capital, others

Thane-based Vikran Engineering & Exim has raised over INR 100 crore from Negen Value Fund, Mukul Agrawal and others.Earlier, in January 2024, India Inflection Opportunity Fund and Ashish Kacholia had invested INR 85 crore in the company for a 11% stake.The EPC (Engineering, Procurement, and Construction) firm specialises in value-added projects in the power sector, including transmission lines and substations, as well as electrification and composite projects. It also deals with water transportation and distribution, and railway infrastructure.