Norwest invests INR 7.5 billion for minority stake in Padmini VNA Mechatronics

On December 16, Norwest Venture Partners agreed to invest INR 7.5 billion for a minority stake in Padmini VNA Group (PVNA). The capital will support PVNA’s next phase of growth, including capacity expansion, technology development, and potential strategic acquisitions, as the company targets opportunities in clean, c....

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