EPACK Prefab, a turnkey solution provider for pre-engineered building, and stock market super app Univest have secured funding.
EPACK Prefab raises $20m from GEF Capital Partners
EPACK Prefab, a turnkey solution provider for pre-engineered buildings, pre-fabricated modular structures and insulation products, on Monday, said it has raised $20 million in its first funding round from GEF Capital Partners.
The funds will be used for capacity expansion, growth initiatives and enhancing research and development initiatives. The company said it also plans to expand its market presence across India and explore opportunities in international markets.
“Modular construction technologies play a key role in decarbonization of the construction sector with their lower GHG footprint and higher climate resilience,” Krishnan Ganesan, Managing Director, GEF Capital Partners, said.
Univest raises $10m from Bertelsmann India Investments
Stock market super app Univest on Monday said it has raised $10 million led by Bertelsmann India Investments, the strategic investment arm of German giant Bertelsmann SE & Co.
Founded in 2022, Univest offers general recommendations through its SEBI-registered RA entity, Uniresearch. It also provides expert trading advice across stocks, derivatives, and commodities.
Since its inception, the platform claims to have attracted over 3 million sign-ups and over 150,000 paying subscribers.
“Current investment solutions predominantly cater to ultra-high-net-worth and high-income segments, leaving over 85% of the market—the retail investors—without access to meaningful advisory services. These investors are left to navigate a fragmented and disjointed investment landscape. Univest’s advisory-led model is uniquely positioned to bridge this gap,” Pankaj Makkar, Managing Director, Bertelsmann India, said.
