Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], April 30: Atul Greentech Private Limited, the electric three-wheeler manufacturing subsidiary of Atul Auto Limited which is the listed company, has secured funding of Rs. 32.50 crore ($4.1 million) through various fundraising activities. This investment values the company at Rs. 950 crore ($121.3 million). Investors in this round include parent company Atul Auto Limited, prominent ace investor Vijay Kedia, Singapore-based foreign portfolio investor Nav Capital VCC - Nav Capital Emerging Star Fund and the Mahendra Patel family. Business News | Atul Greentech Moves in Top-gear.
Atul Greentech Moves in Top-gear srilankasource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from srilankasource.com Daily Mail and Mail on Sunday newspapers.
The Chennai-based firm also seeks to raise debt to fund a $5 billion expansion plan to establish itself as an end-to-end semiconductor manufacturing entity.