Bharat Value Fund invests Rs 130 crore in Veira Electronics

New Delhi: Contract smart TV manufacturer Veira Electronics on Tuesday said it has received Rs 130 crore in funding from Bharat Value Fund (BVF), which marks the closure of its pre-IPO placement round. The fresh funding will help in the expansion of Veira Group, which operates two facilities in Noida, Uttar Pradesh, with a production capacity of up to 3 million TVs annually.