The acquisition will enable NovaAir to complement Air Liquide’s existing operations throughout the country.
The influencer marketing company is offering 3.7M equity shares at ₹110 – 115 per share in its IPO.
Together, both companies aim to serve clients better.
India’s biggest city is home to a growing number of tech companies.
This round follows the company’s $4 million Series A, led by 8i Ventures last year.
The round will help CORE expand manufacturing and support national nuclear energy initiatives.
Mumbai’s top tech companies represent industries including cybersecurity, pharmaceutical manufacturing and business consulting.
The combination of equity and debt financing came from Globespan Capital Partners and EvolutionX Debt Capital
These companies modernize outdated systems with tech-enabled, streamlined solutions.
The new office is expected to support India’s industrial growth.
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