Indian PE firm Motilal Oswal Alternates in talks to top up in VVDN Technologies

Indian PE firm Motilal Oswal Alternates in talks to top up in VVDN Technologies

Photo: VVDN website

India-focused fund manager Motilal Oswal Alternates, which is already an investor in Gurugram-based product engineering firm VVDN Technologies, is in talks to pump additional capital into the company, multiple sources familiar with the matter told DealStreetAsia.

Negotiations are gaining pace as the company looks to raise funding in the range of $125-150 million, the sources added.

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