JM Financial to invests 0.40 Bn in Modish Tractoraurkisan

21 Jun 2024 CW Team

The farm equipment business Modish Tractoraurkisan Pvt Ltd has received a Rs 0.40 billion investment from JM Financial Private Equity. Balwaan is the brand name under which the firm offers its goods. In order to ensure Balwaan's continuous growth and leadership in the agricultural equipment business, this investment will power the company's brand-building activities, improve marketing efforts, support working capital needs, and extend the distribution network. With its brand Balwaan Krishi, one of India's fastest-growing agrimachines and tools companies, Modish Tractoraurkisan is changing the country's agricultural landscape by giving farmers access to reasonably priced, India-centric small-farm equipment via an omnichannel presence.

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