Economy Process Solutions Secures Pre-IPO Funding of Rs 100 Crore
Mumbai, [Date] – Economy Process Solutions (EPS), a leading provider of innovative vacuum and process solutions, has secured a significant investment of Rs 100 crore ($12 million) in its Series A funding round led by Stakeboat Capital Fund II. This strategic funding will accelerate the company’s growth trajectory, expand its product offerings, and solidify its position in the global market.
With a proven track record of customizing high-quality vacuum systems and process equipment for various industries, EPS is poised for unparalleled growth. Founded in 2015, the company has gained traction in multiple sectors, including waste management, pharmaceuticals, and chemicals. Its extensive portfolio includes vacuum pumps, blowers, and process equipment such as evaporators, dryers, extractors, reactors, and heat exchangers.
EPS has made significant strides in the food and beverage sector, providing comprehensive solutions for processing, bottling, and packaging. This strategic move into the consumer goods space is expected to drive revenue growth and reinforce the company’s presence in the market.
With manufacturing facilities in Chakan, Pune, Economy Process Solutions aims to amplify its domestic and export business over the next 4-5 years. This ambitious goal is predicted to be fueled by significant capital expenditures in the waste management, pharmaceuticals, and chemicals sectors.
As a testament to its commitment to customer satisfaction, EPS has served over 600 clients across 30 countries worldwide, ensuring timely product deliveries and tailored services to meet their unique needs.
The Series A funding will enable EPS to enhance its capabilities, expand its global footprint, and solidify its leadership position in the vacuum and process solutions market. With this strategic investment, the company is poised to seize opportunities in emerging sectors, drive growth, and establish itself as a leading player in the industry.
