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PE-backed VVDN Technologies’ talks for big funding cheque fall apart

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PE-backed VVDN Technologies’ talks for big funding cheque fall apart
Credit: 123RF.com

Gurugram-based engineering and contract manufacturing and telecom gear maker VVDN Technologies’ discussions to raise fresh capital from two new investors have fallen through due to a mismatch in valuation expectations, two people aware of the development told VCCircle. The company was engaged in an advanced stage of discussions with Kotak Investment ......

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