According to reports, Stovekraft Pvt. Ltd, a Bangalore, India-based manufacturer of small appliances, solar water heaters and modular kitchens under the brand name of Pigeon and Gilma, has received a Rs50 crore investment from Sequoia Capital.Stovekraft Pvt, which operates manufacturing facilities in Bangalore and Baddi, Himachal Pradesh, will use the funds to further expand across India.
FinSMEs
02/04/2010