PE Fund Investments
Specialty chemicals co Inventys attracts over Rs.225-Cr
Mumbai-based Inventys Research Company Pvt Ltd has raised INR 255 crore (USD 34 M) from Arpit Khandelwal, Managing Partner of Plutus Wealth Management LLP. In addition, India Inflection Opportunity Fund (IIOP) - managed by Pantomath Capital - in its first investment, picked up shares from existing shareholders of Inventys (ie, via a secondary sale). Pantomath Capital was the advisor to the transaction. Founded in 2005 by former DuPont scientist Deepak Birewar, Inventys is a research-driven specialty chemical manufacturer with focus on custom synthesis & manufacturing (CSM). The company has a diversified product portfolio comprising Advanced Intermediates & Actives used in crop protection and pharmaceutical applications as well as in other specialty segments. Inventys has 5 production blocks and R&D facilities near Nagpur spread across 7 acres. The company has acquired additional 17 acres which can house 30 production blocks.
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