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Tejas Networks Announces A Strategic Investment From Panatone Finvest Limited, A Subsidiary Of Tata Sons Private Limited, For A Controlling Stake In The Company

Jul 29, 2021

Round Type

Corporate Round

BengaluruSoftwareInternet ServicesTelecommunications

Description

Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that it has executed definitive agreements with Panatone Finvest Limited ("Panatone"), a subsidiary of Tata Sons Private Limited ("TATA"), which will entail:

Quick answer

Tejas Networks raised an undisclosed amount in a Corporate Round round, dated July 29, 2021. Tejas Networks is based in Bengaluru, Karnataka, India.

How much did Tejas Networks raise?
Tejas Networks raised an undisclosed amount in a Corporate Round round on July 29, 2021.
What does Tejas Networks do?
Tejas Networks designs, develops and sells high-performance wireline and wireless networking products to telecommunications service providers, internet service providers, utilities, defence and government entities in..
Where is Tejas Networks based and how big is it?
Tejas Networks is based in Bengaluru, Karnataka, India. Fundz records about 1,900 employees.
Who are the decision-makers at Tejas Networks?
Fundz holds 4 contacts at Tejas Networks, including the Software Engineer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Internet Services and Telecommunications around the same time

Companies in the same sectors as Tejas Networks that raised within 45 days of this round, from Fundz verified event records.

  • Veremark raised $2.6M (Seed) on September 7, 2021.
  • One Creation raised an undisclosed amount (Seed) on August 26, 2021.
  • Covera Health raised $25M (Series C) on August 23, 2021.
  • Covera Health raised $22M on August 19, 2021.
  • Bloomfire, Inc. raised an undisclosed amount on August 16, 2021.
  • Hologram, Inc. raised $78M on August 16, 2021.

Who to call at Tejas Networks, and when

A new round usually means Tejas Networks is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Tejas Networks

Location

Bengaluru, Karnataka, India

About

Tejas Networks designs, develops and sells high-performance wireline and wireless networking products to telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas products utilize programmable, software-defined hardware architecture with a common software code-base that delivers seamless upgrades of new features and technology standards.

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Related People

4 contacts
Verified contactsKapil Y., Software Engineer hidden hiddenSee plans and pricing
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Tejas Networks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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