Prime Industries' subsidiary Linga Agri completes fund raise at Rs 330 cr pre-money valuation

Linga Agri Trading and Machinery (Linga Agri), in which Prime Industries holds a majority stake as on date, has completed the first tranche of its fundraise at a pre money valuation of Rs 330 crore.

The fundraise marks an important milestone in Linga Agri's growth journey as it continues to strengthen its manufacturing capabilities and expand its presence across agricultural and industrial engineering applications, supported by Prime Industries' strategic guidance, industry relationships, operational engagement and R&D support.