Family offices of Havells owner, Mankind Pharma bet on defence startup

By Joseph Rai

  • 24 Feb 2022
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Credit: 123RF.com

The family offices of QRG Group, which owns the Havells brand, and pharmaceuticals company Mankind Pharma have invested in defence startup NewSpace Research & Technologies Pvt Ltd, two people familiar with the development told VCCircle. The investment in NewSpace is part of the startup's larger funding round of $21 million, the ......

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