Tech Company Financing Transactions
Nile Funding Round
Nile closed a $175 million Series C venture capital round on 8/1/2023. Investors included March Capital Partners, Sanabil Investments and 8VC.
Transaction Overview
Company Name
Announced On
8/1/2023
Transaction Type
Venture Equity
Amount
$175,000,000
Round
Series C
Investors
March Capital Partners (Lead Investor)
Sanabil Investments (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its global position.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Plot No. 38 & 40, APIIC Industrial Park Gajulamandyam Villag
Tirupati, Andhra Pradesh, 517520
IN
Tirupati, Andhra Pradesh, 517520
IN
Phone
Undisclosed
Website
Email Address
Overview
Nile Ltd is an India based primarily engaged in the manufacturing of lead and lead alloys. Lead and Wind Energy are the two operating divisions of the company. Lead and lead alloys are supplied to manufacturers of lead-acid batteries. The products of the group include Pure lead, Lead-antimony alloys, Lead selenium alloys, Lead-calcium alloys, and lead-tin alloys. Wind energy relates to the generation of electrical energy through windmills. The company primarily operates in India.
Profile
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Management Team
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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