Alpha Security Instruments (India) Private Limited announced that it will receive INR 80 million in its equity round of funding from existing investor, ALPHA Corporation on May 13, 2014. On closing of the transaction, the investor will increase its stake in the company to 93% from 90%. The capital of the company will increase from INR 189 million to INR 269 million.

The payment date will be May 23, 2014.