Angel Investments
Transformer maker Telawne Power Equipments raises Rs.20-Cr
Linkedin Announcement APN News
Navi Mumbai-based power transformers manufacturer Telawne Power Equipments has raised equity funding of INR 20 crore from Ramesh Jaisinghani (Promoter, Polycab India Limited) and UK Based funds Mastermind JPIN.The proceeds will be used to expand operations, and enhance manufacturing capabilities; modernize facilities and adopt cutting-edge technologies; strengthen financial foundation and explore the new market and deliver greater value to its stakeholders.Established in 1987, Telawne Power Equipments manufactures industrial, power and distribution transformers.
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