Kamala Trading Co. Secures ₹3 Crore in Strategic Fundraise with Support from Lakhani Financial Services

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Kamala Trading Co., a leading name in the non-ferrous metal industry, is proud to announce the successful closure of a ₹3 crore fundraising round, facilitated by investment banking firm Lakhani Financial Services.

Founded by Mr. Rabindra Prasad Shaw, Kamala Trading Co. has built a strong presence in the manufacturing and supply of copper and copper alloy products. With operations centered in West Bengal, the company caters to critical industrial sectors such as Railways, Thermal Power Plants, Steel Plants, and Electrical Boards.

Reflecting on the journey, Mr. Shaw shared,

“It’s been a privilege working with Team Lakhani Financial Services – Devansh, Javed & Mrityunjay ji. As our investment banking partners, they’ve played a crucial role in helping us navigate the fundraising process with clarity, speed, and strategic insight. We’re excited to share that with their support, we’ve successfully raised around ₹3 crore. Grateful to have had such dependable partners by our side throughout this journey. I wholeheartedly recommend them to any promoter seeking a trusted and effective financial partner.”

Devansh Lakhani, Founder of Lakhani Financial Services, commented on the collaboration,

“Some may feel from the outside that this is a very basic or traditional business. However, manufacturing is and should be the backbone of our nation, and we are happy to see Kamala’s journey over the last few years. That’s exactly why we wanted to support them in this fundraise.”

Kamala Trading Co. reported a turnover of ₹16.92 crore in FY 2023–24 and is expected to cross ₹18.78 crore in FY 2024–25. The company continues to drive excellence through tailored job-work solutions, reliable material supply, and a strong commitment to industrial growth.

This successful fundraise marks a new chapter in Kamala Trading Co.’s legacy as it strengthens its capabilities and scales new milestones in India’s manufacturing landscape.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Editorial Team
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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Kamala Trading Co. Secures ₹3 Crore in Strategic Fundraise with Support from Lakhani Financial Services

Kamala Trading Co., a leading name in the non-ferrous metal industry, is proud to announce the successful closure of a ₹3 crore fundraising round, facilitated by investment banking firm Lakhani Financial Services.

Founded by Mr. Rabindra Prasad Shaw, Kamala Trading Co. has built a strong presence in the manufacturing and supply of copper and copper alloy products. With operations centered in West Bengal, the company caters to critical industrial sectors such as Railways, Thermal Power Plants, Steel Plants, and Electrical Boards.

Reflecting on the journey, Mr. Shaw shared,

“It’s been a privilege working with Team Lakhani Financial Services – Devansh, Javed & Mrityunjay ji. As our investment banking partners, they’ve played a crucial role in helping us navigate the fundraising process with clarity, speed, and strategic insight. We’re excited to share that with their support, we’ve successfully raised around ₹3 crore. Grateful to have had such dependable partners by our side throughout this journey. I wholeheartedly recommend them to any promoter seeking a trusted and effective financial partner.”

Devansh Lakhani, Founder of Lakhani Financial Services, commented on the collaboration,

“Some may feel from the outside that this is a very basic or traditional business. However, manufacturing is and should be the backbone of our nation, and we are happy to see Kamala’s journey over the last few years. That’s exactly why we wanted to support them in this fundraise.”

Kamala Trading Co. reported a turnover of ₹16.92 crore in FY 2023–24 and is expected to cross ₹18.78 crore in FY 2024–25. The company continues to drive excellence through tailored job-work solutions, reliable material supply, and a strong commitment to industrial growth.

This successful fundraise marks a new chapter in Kamala Trading Co.’s legacy as it strengthens its capabilities and scales new milestones in India’s manufacturing landscape.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Editorial Team
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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