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Latest Mathew Cyriac News
Jul 25, 2023
25 July, 2023 Ethereal Machines , a manufacturer of precision engineering parts, Monday announced that it has secured funding of $7.3 million from Peak XV’s Surge , Blume Ventures , Ganapathy Subramaniam, partner at Celesta Capital; Mathew Cyriac, the former head of Blackstone India; and Lip-Bu Tan, executive chairman of Cadence Design Systems and chairman of Walden International. “The new funds will enable us to scale our operations and cater to more high-end engineering applications locally and internationally,” said Kaushik Mudda, co-founder of Ethereal Machines. Founded in 2014 by Kaushik Mudda and Navin Jain, Ethereal Machines produces precision engineering components via its proprietary multi-axis CNC machines. The company aims to capture growth opportunities in India’s manufacturing sector, which accounts for 17% of the nation’s GDP and employs over 27.3 million workers. INDIA DEAL MONITOR
Mathew Cyriac Investments
Mathew Cyriac has made 4 investments. Their latest investment was in Nutrifresh Farms as part of their Angel on May 5, 2022.
Mathew Cyriac Investments Activity