New Delhi, Jan. 27 -- Entellus Industries, a Chennai-based rare earth metals and alloy manufacturing company, has raised Rs.50 crore ($5.5 million) in its second funding round, led by ZeroW, a boutique investment firm backed by the Mekapati Family Office, promoters of KMC Group. ValPro advised on the transaction.

The funding marks a scale-up phase for Entellus as it moves beyond early capability-building into commercial expansion at a time when rare earth supply chains are undergoing structural shifts globally.

Entellus plans to deploy the fresh capital towards capital expenditure, expanding into sintered alloys while accelerating the go-to-market of its existing products. The expansion is expected to support a magnet production capacit...