This investment will enable BlueBinaries to enhance capability in Software Defined Vehicle (SDV) and Digital Mobility technologies as well as drive its global expansion
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According to the Tracxn report, the top investors in this sector are Speciale Invest, Anicut Capital and GrowX Ventures
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Anicut is also in the process of raising its third credit fund, targeting a corpus of Rs 1,200-1,500 crore, as per media reports
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The funding includes primary capital of around Rs 3 billion, aimed at fueling the company’s expansion in central and southern India
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