SBL Energy
SBL Energy is a mining and industrial explosives manufacturer, the second largest in India with approximately 10% market share. The company serves the mining and infrastructure sectors and is expanding into the defense sector. This growth capital will fund increased manufacturing capacity and new product launches.
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Funding Round: Growth Round
Funding Amount: ₹325Cr
Date: 27-Feb-2024
Investors: Synergy Capital, India SME Investments, Mukul Agrawal
Markets: Mining, Explosives, Infrastructure, Defense
HQ: Nagpur, Maharashtra, India
Founded: 2002
Website: https://www.sblenergy.com/
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