India smart devices producer Smartron raises $200m
Smartron, an India-focused smart devices brand backed by cricket legend Sachin Tendulkar, has received USD 200m in funding from Global Emerging Markets Group (GEM).
GEM, a USD 3.4bn alternative investment manager with operations in Paris, New York, and the Bahamas, has provided a share subscription facility that Smartron can draw upon. The company will use the capital...
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