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Iron Pillar raises $10 Mn from Allana Group for second growth stage fund

Shortpedia

Content Team
Image Credit: Inc42

Growth stage investor Iron Pillar has announced receiving an investment of $10 Mn from food and meat export giant Allana Group in its Fund II, which was launched in the April-June quarter of the current fiscal year. Adil Allana, supervisory board member of Allana Group, will join Iron Pillar as a board partner. Iron Pillar's second fund follows the successful deployment of $135 Mn first fund.