Hyderabad-based Internet infrastructure company Nettlinx Limited today said it has raised USD three million (about Rs 20 crore) from strategic investors.
"The Netherlands-based EXchange Investors NV and Dubai-based TransGlobal FZC have been allocated share warrants on preferential basis, and will be working closely with Nettlinx Ltd in its diversification," the company said in a statement here.
These two funds would provide strategic support that would enable Nettlinx to identify and acquire companies with experience in the industrial space. These funds would also help Nettlinx raise further capital and debt with lower interest rates from the European banks, it stated.
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