CVCI Invests INR3.4 Billion in Engineering Firm (Asia)

Source: Livemint  |  Author: Malvika Joshi

International middle-market private equity firm Citi Venture Capital International (CVCI Private Equity) has invested INR3.4 billion (approximately US$55.8 million) in India-based engineering company Sansera Engineering. The company, which operates seven manufacturing and machining plants across four Indian states, intends to use the funds for further business expansion.