Private Equity PE Fund Investments
Vacuum systems provider Economy Process Solutions raises Rs.100-Cr from Stakeboat Capital
Source Economy Process Solutions (opens in a new tab)Yourstory (opens in a new tab)
Mumbai-based vacuum systems manufacturer Economy Process Solutions has raised INR 100 crore (USD 12 million) in a Series A funding round from Stakeboat Capital, via its Fund II. The new funding will be used for growth, global expansion, product expansion and to venture into the food & beverage (F&B) segment.Founded in 2014, Economy Process Solutions specialises in design of vacuum and process systems. The company caters to pharmaceuticals, chemicals, and food industries.