Cyient Semiconductors ties up equity investment of Rs 100 crore from Edelweiss
India, May 25 -- Cyient Semiconductors today announced a strategic financing transaction with funds managed by EAAA India Alternatives (Edelweiss) and affiliated co-investors. The transaction includes an equity investment of approximately USD 10 Mn (Rs 100 crore) at a post-money equity valuation of USD ~500 Mn (Rs 4600 crore), alongside structured debt capital, enabling the company to strengthen its capital structure and support the continued scale-up of its global semiconductor business. The transaction is subject to definitive agreements and customary closing conditions.The equity investment is alongside a USD 20 Mn in structured debt designed to support long-duration growth.The combined ~ USD 30 Mn will be deployed across three strategic...
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