Cactus Partners leads $7 mn funding round in Brandworks Technologies
New Delhi: Venture capital firm Cactus Partners has led a $7 million (about ₹61 crore) funding round in electronics design-led manufacturing company Brandworks Technologies, the investment firm said on Tuesday.
The round also saw the participation from Gujarat Venture Finance Limited (GVFL), Legacy Assets, and the Hira Group.
Brandworks plans to use the fund for expansion and upgradation of its research and development centres, build partnerships and customer relationships in key international markets, and invest in next-generation product platforms with an emphasis on performance, sustainability, and global standards.
