EPACK Prefab Raises USD 20 Million From GEF Capital Partners To Fund Expansion

New Delhi: EPACK Prefab, a turnkey solution provider for pre-engineered buildings, has raised USD 20 million from GEF Capital Partners to fund its expansion plan. Established in 1999, EPACK Prefab is a manufacturer of Pre-engineered Buildings (PEB) and prefabricated structures. It has manufacturing plants in Greater Noida's Ghiloth, Rajasthan's Mambattu, and Andhra Pradesh, with a combined annual production capacity of 1,33,924 tonnes.

In a statement on Monday, the company said it has managed to raise USD 20 million in its first funding round from GEF Capital Partners, a leading global private equity fund. This capital infusion is all set to strengthen the company's manufacturing capabilities. 

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"The funds will be used for capex expansion and drive growth initiatives by enhancing production capabilities, accelerating new product development, and expanding presence across the country," EPACK Prefab said. Additionally, the funds will be directed toward enhancing research and development initiatives to create energy-efficient, prefabricated construction technologies.

EPACK Prefab secures $20M for expansion from GEF Capital Partners, focusing on boosting production, R&D, and sustainable construction.

The company plans to expand its market presence across India and explore opportunities in international markets. "This funding is a testament to our vision and the capabilities of Prefabrication and PEB (pre-engineered building) technologies," Managing Director of EPACK Prefab, Sanjay Singhania, said.  

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Executive Director of EPACK Prefab, Nikhel Bothra, said the company has the support of a global climate fund as it continues to lead the transition towards sustainable construction practices through prefabricated and PEB solutions. EPACK Prefab provides end-to-end PEB solutions for industrial, institutional, and commercial projects, serving sectors such as warehousing, aviation, healthcare, education, and data centres.