Simpolo raises $66 million from Motilal Oswal and India SME-managed fund

Simpolo Group, India’s largest premium tile producer, has raised $66 million from the India Enterprise Excellence Fund-IV. The fund is managed by Motilal Oswal Finvest Ltd, MO Alternate Funding Advisors Pvt Ltd (MOPE) and India SME Investments – Fund I. The group stated that it’ll goal to make use of the funds to … Read more