India's Sedemac Mechatronics secures $100m investment; Nexus Venture exits

India's Sedemac Mechatronics secures $100m investment; Nexus Venture exits

Photo: Reuters

Deep tech enterprise startup Sedemac Mechatronics has raised $100 million in a fresh funding round led by Xponentia Capital Partners, A91 Partners and 360 ONE Asset. The deal marks a full exit for the company’s first institutional investor Nexus Venture Partners, which has backed prominent unicorns in India.

Edited by: Padma Priya