Haqdarshak Empowerment Solutions Private Limited announced that it has received INR 66.5 million in funding from Acumen Fund, Inc., Upaya Ventures, Deepak Nitrite Limited, Impact India Investment Partners LLC, Beyond Capital Fund, 3i Partners Inc. and other investors
May 10, 2021
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On May 11, 2021, Haqdarshak Empowerment Solutions Private Limited closed the transaction. The company amended the terms of the transaction. The company has received a total of INR 66,500,000 in the transaction with an additional second and final tranche. The round included participation from new investors 3i Partners Inc., Beyond Capital Fund, Impact India Investment Partners LLC, and Deepak Nitrite Limited (BSE:506401) and investor Shalini Chhabra.
Deepak Nitrite Limited is an India-based company, which is engaged in manufacturing and trading of chemicals. The Company operates through two segments: Advanced Intermediates and Phenolics. Its Advanced Intermediates segment offers sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosyl sulphuric acid, xylidines, oximes, cumidines, specialty agrochemicals, optical brightening agent (OBA), diamino stilbene disulfonic acid (DASDA). Its Phenolics segment offers cumene, phenol, acetone, isopropyl alcohol, ammonium sulfate (AMS). The Company's products cater to several industries, such as colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, diesel blending, agrochemicals, glass, personal care, paper, detergents and textiles, laminates, ply, adhesive, paints, auto, pharmaceuticals, plastics, and others. The Company's manufacturing facilities are located at Nandesari, Dahej (Gujarat), Roha, Taloja (Maharashtra) and Hyderabad (Telangana).
Haqdarshak Empowerment Solutions Private Limited announced that it has received INR 66.5 million in funding from Acumen Fund, Inc., Upaya Ventures, Deepak Nitrite Limited, Impact India Investment Partners LLC, Beyond Capital Fund, 3i Partners Inc. and other investors
DEEPAK NITRITE LIMITED 
