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CCube Angels Network picks up stake in manufacturing company via PIPE deal

By Ankit Doshi

  • 12 Oct 2018
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CCube Angels Network picks up stake in manufacturing company via PIPE deal
Credit: Thinkstock

Singapore-based CCube Angels Network has picked up a minority stake in Alfa Transformers Ltd, a rare instance of an angel group making a private investment in a publicly traded company. CCube and a group of high-net-worth individuals (HNIs) and corporate bodies invested a total of about Rs 12 crore ($1.63 million) ......

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