Pre-engineered buildings player Epack Prefab raises $20-M from GEF Capital

Greater Noida headquartered Epack Prefab , which provides solutions for pre-engineered building (PEB), prefabricated modular structures and insulation products, has raised USD 20 million in its first funding round from GEF Capital Partners.The funds will be used for capex expansion and to drive growth initiatives by enhancing production capabilities, accelerating new product development, and expanding presence across India as well for R&D initiatives aimed at creating energy-efficient, prefabricated construction technologies.Besides Greater Noida, the firm has facilities in Ghiloth in Rajasthan and Mambattu in Andhra Pradesh. The facilities collectively have an annual production capacity of over 133,924 metric tonnes.