Cyient Semiconductors secures financing from Edelweiss at ₹4,600 crore equity valuation
NEW DELHI: Cyient Semiconductors on Monday raised $30 million cumulatively from funds managed by EAA India Alternatives (Edelweiss) to infuse capital in its product research and development (R&D) initiatives, build in-house validation and testing infrastructure, and support business requirements.
The transaction includes an equity investment of approximately $10 million at a post-money valuation of ~ $500 million (~₹4,600 crore), alongside ~ $20 million in structured debt designed to support long-duration growth, according to a company statement.
