Sterlite Power Transmission Ltd raised ₹725 crore in a primary funding round led by GEF Capital Partners and Enam Holding to enhance its power transmission solutions.
Dec 12, 2024•8 months ago
Amount Raised
₹725
Round Type
pre-seed
Investors
Enam HoldingGef Capital Partners
Description
Sterlite Power Transmission Ltd (SPTL) has successfully secured ₹725 crore in a funding round led by GEF Capital Partners and Enam Holding. The funds will support the expansion of its product offerings in the power transmission sector in India and Brazil.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech