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Smartron Group Secures $200 Million Capital Commitment From Global Emerging Markets Group (Gem)

Smartron Group Secures $200 Million Capital Commitment From Global Emerging Markets Group (Gem)

01/24/22, 8:29 PM
Money raised
$200 million
Smartron (www.smartron.com), an INDIA and US based global technology AIOT and EV OEM brand (the “Company”), is pleased to announce that it has signed an agreement ("Agreement") with the Global Emerging Markets Group (“GEM”), an alternative investment group with operations in Paris, New York, and the Bahamas. Under the agreement, GEM will provide a Share Subscription Facility of up to $200 million, to be drawn at the option of the Company.

Company Info

Company
Smartron
Additional Info
Smartron (www.smartron.com) was founded with a vision to build INDIA and US based and focused global technology AIOT and EV brand offering intelligent products, solutions, services, and support for smart home, smart infra, EV and Energy markets powered by tronX, its own AIOT platform and a wide range of HW devices.