Kolkata, April 16 -- Photovoltaic solar cells manufacturer Jupiter International announced Wednesday that it has secured a Rs.500 crore investment from ValueQuest SCALE Fund and its affiliates.

This marks ValueQuest's retaining second investment, reinforcing its confidence in Jupiter International's growth and expansion in the solar energy sector, the company said.

The company intends to build on its capability and become an integrated player in the solar manufacturing value chain.

"This strategic move enhances forward integration, reduces import dependency, creates jobs, and is in line with the country's vision on clean energy transition," Jupiter International said in a press release.

"ValueQuest's second investment reaffirms invest...