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Thursday, August 9, 2012 - 17:21 IST
StanChart PE invests $15.5M in IFC-backed Craftsman Automation
BY Bruhadeeswaran R
The funding from SCPE will part finance the expansion of the Company’s various manufacturing facilities.
Standard Chartered Private Equity (SCPE) has invested Rs 85 crore ($15.5 million) for a minority stake in Craftsman Automation Private Limited (CAPL), a multi-product light engineering company based out of Coimbatore.
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