ReferIndia News IFC, Siemens and Fullerton May Invest in Gurugram's Hygenco in $125 Mn Deal

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IFC, Siemens and Fullerton May Invest in Gurugram's Hygenco in $125 Mn Deal

Published on: Nov. 16, 2025, 3:17 p.m. | Source: Outlook Business

Hygenco is majority-owned (about 51%) by its three promoters. The remaining 49% is held by SBICAP Ventures Limited’s SVL-SME Fund, also known as the Neev Fund II. It raised $31.3 million from the Neev Fund, with a current valuation of ₹1.02 crore in Series B funding

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