Equentia SCF Technologies Private Limited announced that it will receive INR 670,000,000 in a round of funding on August 1, 2022. The transaction will include participation from new investor Axis Bank Limited for 8,921 common shares for gross proceeds of INR 550,000,000 for a 5.09% stake in the company, and returning investor OAKS Asset Management. The transaction is expected to be completed by September 30, 2022