Private Equity Liquidity Events
Yali Capital sells its 4.18% stake in defence-tech co. Tonbo Imaging for Rs.257-Cr
Yali Capital, through Yali Deeptech Fund I, has exited Bengaluru-based defence-tech company Tonbo Imaging by selling its entire holding of 24 lakh shares. The sale represented a 4.18% stake in the company's paid-up equity capital and was valued at INR 256.61 crore at a price of INR 1,069.22 per share.Tonbo Imaging India Ltd is a defence electronics original equipment manufacturer (OEM) that designs, develops, and manufactures electro-optics, infrared (EO/IR) systems, and embedded vision technology for military and tactical use.
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Between Oct 2012 and Apr 2025, Tonbo Imaging had attracted about $ 66 M from Artiman Ventures, Celesta Capital, Edelweiss Private Equity, Qualcomm Ventures, BlackSoil Capital, Florintree, Tenacity Ventures, Others.For FY26, Tonbo Imaging had reported about INR 361 Cr in Operating Income and about INR 50 Cr in PAT.