Epack Durable raises $40 mn in round led by Affirma

By Swaraj Singh Dhanjal

  • 13 Sep 2022
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Credit: 123RF.com

Epack Durable Pvt. Ltd, India’s second largest contract manufacturer of room air-conditioners (RACs), is raising a $40-million round led by private equity fund Affirma Capital, two people in the know said, requesting anonymity.  The company is looking to invest the capital in brownfield and greenfield projects to leverage the production-linked incentive ......

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