Safex Chemicals India Ltd operates in the agrochemical sector. The company announced that homegrown private equity firm ChrysCapital is investing $50 million for a significant minority stake. The transaction combines a secondary sale by existing PE investor BanyanTree Growth Capital with a primary raise by the company. The primary proceeds are intended to support growth initiatives. The deal provides liquidity to the selling investor while supplying capital for Safex's expansion plans. The announcement did not disclose any operating metrics or valuation.

Total raised

$50M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2021