Tech
Defence Electronics Firm CoreEL Technologies Raises $30 Mn
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SUMMARY
Bengaluru-based aerospace and defence technology company CoreEL Technologies has raised $30 Mn (about INR 268 Cr) in its Series B funding round
The round was led by ValueQuest Scale Fund and saw participation from existing investor 360 ONE Asset Management, which led the company’s Series A round
CoreEL plans to use the fresh capital to scale its manufacturing capacity, increase spending on R&D, and fund participation in large and complex aerospace and defence programmes in India…
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