Suprajit Engineering has entered into an Investment Agreement with Blubrake S.p.A. (Blubrake). The investment of 1 million Euros is broadly on the same terms and valuation as Blubrake’s recent successful fund raise round. After investment, Suprajit will hold minority stake and a board observer seat in Blubrake.
Suprajit Engineering is engaged in the business of manufacturing and selling of automotive and other components and that are considered as single segment.