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Stakeboat Capital invests in vacuum pump maker Economy Process Solutions

VCCircleVCCircle · 19d
Stakeboat Capital invests in vacuum pump maker Economy Process Solutions

- Stakeboat Capital has invested Rs 100 crore ($11.9 million) in Economy Process Solutions. - Economy Process Solutions plans to use the funds to expand into newer process equipment production and solutions for the food and beverage industry. - The company provides vacuum and process equipment for industrial and manufacturing setups, and recently expanded its product offerings to the food and beverage industry. - Economy Process Solutions' net sales in 2022-23 were Rs 75.3 crore, with a significant portion coming from waste management, pharma, and chemicals industries. - Stakeboat Capital invests in sectors like healthcare, life sciences, value-added industrials and manufacturing, B2B technology, and B2B services.

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