Peepul Capital invests $11.8 million in Aqua Designs
Peepul Capital Fund II has invested INR55 crore ($11.8 million) in Indian water treatment company Aqua Designs India, funding intended to finance development projects, expansion and future acquisitions.
Chennai-based Aqua Designs recycles water for reuse, and works with brands including Ford, Hyundai, Coca-Cola, Pepsico, Tata Motors and Nokia to treat their waste water. It has been in operation for eight...
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