Balwaan Krishi raises ₹100 crore Series B for manufacturing and distribution
First Bridge India Growth Fund Private Equity led the financing as Balwaan plans to expand production and its Southern India dealer network.
Extending an established distribution base
Balwaan Krishi’s ₹100 crore Series B will fund domestic manufacturing expansion and a stronger dealer and service presence in Southern India. The company’s existing network includes more than 800 dealers in the north.
First Bridge India Growth Fund Private Equity led the round, with other institutional investors participating. Alongside capacity and distribution, Balwaan plans equipment development involving predictive maintenance and connected-device capabilities.
Use of funds
Expand domestic manufacturing capacity
Strengthen dealer and service networks in Southern India
Develop equipment with predictive-maintenance and IoT capabilities