JM Financial Private Equity (JMFPE) on Thursday said it has led a ₹150 crore investment in NG Electro Products Pvt Ltd, a contract manufacturing platform serving consumer brands across home care, beauty and personal care and nutraceuticals.
The investment will fund the company’s next phase of growth, including expansion of manufacturing capacity, accelerating investment in R&D and product innovation and further strengthening its quality and compliance infrastructure, JMFPE said in a statement.
NG Electro’s product portfolio spans home care (detergents and cleaning solutions), beauty and personal care (skin and hair care formulations) and nutraceutical supplements.
Vinit Rai, Managing Director, JMFPE, said, “NG Electro has built a credible and differentiated platform in consumer product contract manufacturing, combining deep formulation expertise, robust manufacturing infrastructure and long-standing customer relationships across brands and retailers.”
“As consumer companies increasingly move toward asset-light supply chains, specialised manufacturers like NG Electro are well placed to capture that shift,” he added.