Loan Amount: ₹15 million
Use of Capital: Machinery & Equipment Financing
Location: Dadra and Nagar Haveli
Red Fort Capital provided Microflex Films with a loan of ₹15 million for machinery and equipment financing in just 10 days. This deal is a testament to Red Fort Capital’s commitment to promoting local entrepreneurs and the “Make in India” initiative.
Microflex Films is based in Dadra and Nagar Haveli and has become a leading manufacturer of flexible packaging films. It has implemented state-of-the-art technology and innovative practices to develop a range of flexible packaging solutions for various industries, including food and beverage, pharmaceuticals, and personal care. With a dedicated team and a strong focus on quality, Microflex Films has earned a reputation for excellence in the industry.
Since receiving funding from Red Fort Capital, the company has experienced significant growth and has established partnerships with major FMCG brands. The company has also expanded its operations to Dubai, creating job opportunities for hundreds of people in the local community.