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Synopsis
JM Financial, a financial services provider, completed a $5.5m investment in Clear Premium Water, a bottled water company. “The Indian bottled water market is highly under penetrated and fragmented and we are witnessing a structural shift in consumption from the unorganized to the organized market, owing to factors like hygiene, and a general rise in health awareness in a post covid world. Clear has exhibited a remarkable growth, securing a presence across the country. Backed by an experienced management team, Clear is poised to ascend and cement its position as one of the nation’s premier bottled water brands," Darius Pandole, JM Financial CEO and Managing DIrector.
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