Corvi LED yields $8 million from Enam Investments in Series B round

18 Jul 2024 CW Team

Lighting products design company Corvi LED has secured $8 million in a Series B funding round led by Enam Investments. The capital will be primarily allocated to scaling up operations and making significant investments in marketing and distribution to enhance the company's market presence in both B2C and B2B segments.

Vimal Soni, Founder, Corvi LED, commented, "The LED market in India is very promising, driven by the booming real estate sector, urbanisation, the smart cities mission, and various technological advancements."

Cipher-Plexus Capital Advisors served as the advisor for this transaction. (Source: ET)

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