SIDBI has invested _____in the Series A equity funding

Solution

SIDBI has invested Rs 30 crore in the Series A equity funding round of biotech company OmniBRx Biotechnologies through its MSME-focused venture capital arm SIDBI Venture Capital.    This is the third investment out of “Ubharte Sitaare Fund” focused on MSMEs scaling up in the export markets.     The company will expand business in the overseas market with the latest infusion of funds and will also invest in adding to its capacity to build manufacturing facilities to augment its production capabilities and meet growing market demands.