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Published 14 days ago

Agritech Firm Ecozen Raises $30 Million From Nuveen, Others

Summary by NDTV Profit

Ecozen, an agritech firm based in Pune, has raised $30 million, or about Rs 250 crore, in a combination of equity and debt. The funds were raised from existing investors, including Nuveen, with debt support by InCred Credit Fund and US International Development Finance Corporation through Ecozen’s advisor Setuka Partners, the company said in a statement.The company plans to utilise the funds to cater to the increasing demand for solar-powered ag…

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Agritech Firm Ecozen Raises $30 Million From Nuveen, Others

Ecozen, an agritech firm based in Pune, has raised $30 million, or about Rs 250 crore, in a combination of equity and debt. The funds were raised from existing investors, including Nuveen, with debt support by InCred Credit Fund and US International Development Finance Corporation through Ecozen’s advisor Setuka Partners, the company said in a statement.The company plans to utilise the funds to cater to the increasing demand for solar-powered ag…

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