Franklin Templeton PE fund invests in India’s SFO Technologies
Franklin Templeton Private Equity Strategy (FTPES) has invested IND67.5 crore ($14.9 million) in SFO Technologies, a leading Indian electronics manufacturer. FTPES is one of three private equity investors that have committed a combined IND166.5 crore to the Kochi-based company. The funds will allow an existing investor to exit, with the balance to be used as growth capital.
Kochi-based SFO Technologies, part of the NeST of companies, produces software and hardware products and services used in healthcare, communications and other industries. It has a worldwide presence and...
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