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Funding

SEDEMAC raises $100 million from A91, Xponentia, 360 ONE

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SEDEMAC logo
Date
Company
SEDEMAC
What it does
Pune engine-electronics maker
Kind
Funding
Amount
$100 million
Stage
Growth
Based in
Pune
Founded
2007

What they do

Pune-based SEDEMAC, which makes engine and motor control electronics, raised a $100 million round in May 2024 from three investors

What happened

Xponentia Capital Partners, A91 Partners and 360 ONE Asset put in the money, according to the company's statement

Why it matters

The investment valued the company at about $230 million, which set the base for its later stock market listing

The details

  • SEDEMAC raised $100 million in a growth round announced on 30 May 2024.
  • The round was backed by Xponentia, A91 and 360 ONE Asset.
  • The company was valued at about $230 million after the round.

Investors

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