Symbio Generrics India Private Limited raised an undisclosed amount from Ascent Capital

Symbio Generrics India Private Limited raised an undisclosed amount of capital from growth capital fund Ascent Capital.

Symbio began as a sales and marketing firm and has since evolved into a vertically integrated manufacturer of specialised APIs. The funds will be used to make strategic acquisitions, establish research and development facilities, and increase manufacturing capacity. In addition to its Dobbaspet manufacturing facility, it is in the process of acquiring new manufacturing capacity.