India: Engineering firm Onward Tech to raise $9.6m from PE investor Convergent Finance

India: Engineering firm Onward Tech to raise $9.6m from PE investor Convergent Finance

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Digital and engineering services company Onward Technologies Ltd on Thursday said its board has considered and approved raising Rs70.2 crore from funds advised by Convergent Finance LLP, a private equity investment firm founded by former Fairfax India head Harsha Raghavan.