Entellus Industries Raises INR 50 Cr To Scale Rare Earth Metals Manufacturing

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SUMMARY

The funding round was led by deeptech-focussed investment firm ZeroW, founded by Mekapati Family Office – the promoter of KMC Group

Entellus Industries plans to use the fresh capital to expand into sintered alloys and to take its existing products to market

The startup is focused on manufacturing rare earth metals and alloys to produce NdPr metal, bonded powders, and strip-cast alloys – critical inputs for permanent magnets

Manufacturing startup Entellus Industries…



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Entellus Industries Raises INR 50 Cr To Scale Rare Earth Metals Manufacturing


SUMMARY

The funding round was led by deeptech-focussed investment firm ZeroW, founded by Mekapati Family Office – the promoter of KMC Group

Entellus Industries plans to use the fresh capital to expand into sintered alloys and to take its existing products to market

The startup is focused on manufacturing rare earth metals and alloys to produce NdPr metal, bonded powders, and strip-cast alloys – critical inputs for permanent magnets

Manufacturing startup Entellus Industries…



Source link

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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