India: Warburg-backed CleanMax Solar plans to raise $100m

Photo: Pixabay

CleanMaX Solar, a provider of solar power to companies through rooftop and grid-connected solar installations, plans to raise $100 million, a top company executive said.

In the past, Warburg Pincus and International Finance Corp., the World Bank’s private-sector investment arm, have invested as much as $100 million in the company.

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