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Livpure - PR

May 2018

Ncubate backed start-ups to raise $45 million this year

Three of the 14 start-ups backed by Ncubate Capital Partners will collectively raise around $45 million over the next three to four quarters. A proprietary investment fund by SAR Group that invests from its balance sheet, Ncubate has pumped in $25 million for a minority interest in these start-ups investing between $1 million to $3 million each.

May28,2018 11:36AM

Livguard Energy to raise over $50 million in private equity this fiscal

Livguard Energy Technologies, the makers of automotive battery, inverters, power backup, mobile accessories, stabilisers and solar renewable energy, will be raising over $50 million in private equity this fiscal. A SAR Group company, the founders have already invested Rs 200 crore in the Livguard business since its inception in 2014.

May21,2018 11:35AM

SAR Group may raise up to $100 m for battery business in 2018-19

SAR Group, makers of water purifiers under Livpure brand and automotive batteries and storage solutions under Livguard brand, is looking at raising between $50 million and $100 million during this financial year for its battery business.

May17,2018 11:34AM

SAR Group to re-enter inverter battery business under Livguard

Having exited shareholding in Luminous Power Technologies, SAR Group founder Rakesh Malhotra is set to re-enter the inverter battery segment in India once the non-compete clause (NCC) with Schneider Electric expires in October this year.

May16,2018 11:33AM