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Recently Funded|Amount: USD 32.0M|Industry: Appliances, Electrical, and Electronics Manufacturing

Zed Industries Secures $32 Million in Series B Funding to Enhance Manufacturing Capabilities for Transformers

Zed Industries

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51-200 employees employees (Est.)
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Zed Industries, a pioneer in transformer manufacturing, has successfully raised $32 million in funding to scale up its operations and enhance product quality. Established with a commitment to delivering superior transformer solutions, Zed Industries boasts state-of-the-art facilities designed for the comprehensive manufacturing of transformers, including crucial processes such as fabrication, CRGO lamination, and welding. This significant capital influx will empower the company to expand its production capacity, invest in advanced technology, and streamline the supply chain, all while upholding its reputation for quality. Zed Industries utilizes BIS-approved CRGO cores and materials sourced from industry leaders like SAIL and Jindal, ensuring that every transformer meets the high standards mandated by major players in the electrical sector, including PGCIL and NTPC. The new funding will also enable Zed Industries to further its research and development initiatives, fostering innovation to meet the evolving needs of the energy market. With these advancements, Zed Industries aims to position itself as a leader not just in local markets, but on a global scale, offering reliable, high-performance transformers that empower a more sustainable energy infrastructure. As the company embarks on this ambitious growth journey, it remains dedicated to quality, excellence, and empowerment in the electrical engineering realm.
November 21, 2024

Buying Signals & Intent

Our AI suggests Zed Industries may be interested in solutions related to:

  • Power Transformers
  • Distribution Transformers
  • Transformer Manufacturing
  • Solar Energy Solutions
  • CRGO Lamination Services

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