Jupiter International Ltd., has secured an investment of INR 300 crore, led by ValueQuest S.C.A.L.E. PE fund. This substantial investment will drive the expansion of Jupiter International’s current cell capacity and initiate module manufacturing operations.
Expressing his enthusiasm on getting the investment, Alok Garodia, Managing Director of Jupiter International, said, “We are delighted to welcome ValueQuest to our family of investors. Their support will be instrumental in accelerating our growth trajectory. This funding round strengthens our competencies in achieving our revenue and profitability goals. As India emerges as a significant player in solar cell manufacturing, Jupiter is well-positioned to meet the increasing demand both domestically and internationally.”
