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Economic Times

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Deep-tech startup CastNX raises ₹ 23.22 cr from Arpit Khandelwal

  • Deep-tech startup CastNX has raised ₹23.22 crore from Arpit Khandelwal and Plutus Investments and Holding Private Limited.
  • Arpit Khandelwal has also acquired shares through a secondary purchase from existing shareholders.
  • The investment will accelerate CastNX's mission to develop energy-efficient and cost-effective power electronics solutions.
  • The funds will be used to enhance research and development facilities, upgrade technological infrastructure, and establish a world-class production facility.

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