EPACK Prefab, a provider of comprehensive solutions for pre-engineered buildings (PEB), pre-fabricated modular structures, and insulation products, has successfully raised $20 million in its inaugural funding round from GEF Capital Partners, a prominent global private equity firm. This capital injection is poised to enhance the company’s manufacturing capabilities at its state-of-the-art facilities located in Greater Noida, Ghiloth (Rajasthan), and Mambattu (Andhra Pradesh), which together boast an impressive annual production capacity exceeding 133,924 metric tonnes. The funds will be allocated for capital expenditure expansion and to propel growth initiatives by improving production capabilities, accelerating new product development, and extending its reach across the nation. Furthermore, the company plans to invest in research and development efforts aimed at pioneering energy-efficient prefabricated construction technologies.
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Also ReadHostBooks secures $5M funding led by Orange Orbit. “This funding reflects our vision and the potential of prefabrication and PEB technology. It reinforces our commitment to transforming construction practices by providing innovative, sustainable, and rapid building solutions. This achievement motivates us to set new industry standards,” stated Sanjay Singhania, Managing Director of EPACK Prefab. Previously, EPACK Prefab announced that it established a new industry record by completing India’s fastest building in merely 150 hours. The construction commenced on November 20 in Mambattu, Andhra Pradesh.
“Adopting modular construction technologies is essential for reducing the carbon footprint within the construction sector, thanks to their lower greenhouse gas emissions and enhanced climate resilience. We are thrilled to collaborate with EPACK Prefab in their quest to drive sustainable practices in the construction industry through their innovative solutions,” remarked Krishnan Ganesan, Managing Director at GEF Capital Partners.
