Matrix Gas & Renewables raises $42m in pre-IPO round

Matrix Gas & Renewables raises $42m in pre-IPO round

Photo by Josh Appel on Unsplash

Matrix Gas & Renewables Ltd (Matrix) on Tuesday said it has raised Rs 350 crore ($42 million) in a pre-IPO round to accelerate the expansion of its gas business, fund acquisitions, and meet capital expenditure plans.

Edited by: Pramod Mathew

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