New Delhi, July 30 -- Mid-market private equity firm Jashvik Capital said Wednesday it is investing over Rs 400 crore ($45.7 million) in Marg ERP Ltd, a provider of enterprise resource planning and inventory management software for small and medium enterprises.
The investment aims to accelerate Marg ERP's product innovation, enhance customer focus, and drive expansion across both domestic and international markets, Jashvik said in a statement. Jashvik will also support Marg ERP's plans to scale further through organic and inorganic strategies, the PE firm said.
Published by HT Digital Content Services with permission from VC Circle.