Economy Process Solutions, a leading provider of vacuum and process solutions, has raised Rs 100 crore ($12 million) in a Series A funding round led by Stakeboat Capital Fund II. The company plans to utilize the funds to accelerate growth, expand its range of in-house manufactured products, increase its global footprint, and enter new categories, particularly in the food and beverage sector.

Founded in 2015, Economy Solutions offers a comprehensive portfolio of vacuum systems and process equipment tailored to industries such as waste management, pharmaceuticals, chemicals, and food & beverages. The company’s product range includes vacuum pumps, boosters, blowers, and accessories, as well as process equipment like evaporators, dryers, extractors, reactors, and heat exchangers. Recently, company has ventured into the beverage industry, offering solutions for processing, bottling, and packaging.

With manufacturing facilities based in Chakan, Pune, Economy Process Solutions aims to significantly enhance its domestic and export business over the next 4-5 years, driven by growth in industries planning major capital expenditures. The company expects substantial contributions from sectors like waste management, pharmaceuticals, and chemicals, all of which are experiencing increased demand for process solutions.

Serving over 600 customers across 30 countries, Economy Process Solutions is committed to delivering customized services and ensuring timely product deliveries to optimize customer satisfaction.

 

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