StarlinePS has invested ₹160 crore in Celloraa Energy. The backing is intended to support the energy company’s expansion plans.
The investment size was disclosed without a full description of equity stake, convertible structure or deployment schedule. It was presented as growth capital for Celloraa Energy.
Energy startups and mid-sized firms often use such rounds to fund capacity, technology or market entry. The cited report did not name other co-investors or a valuation for the deal.
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Sources:
https://www.businessworld.in/