<ul><li>PARÉ Innovations, a manufacturer of ceiling, wall, and facade panels, raised $8.5 million in its first funding round from Advenza Global Limited.</li><li>The funding round gives the company a post-money valuation of Rs 540 crore and marks a significant leap forward in PARÉ's ambitious growth strategy.</li><li>With a presence in 13 countries, the company plans to accelerate domestic and international expansions to reach over 50 countries.</li><li>PARÉ Innovations aims to strengthen its position in India’s Tier II and III cities, focusing on deepening market penetration and eventually seeking a potential public listing.</li></ul>

PARÉ Innovations secures $8.5M for expansion plans

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