BanyanTree completed an investment in Navalt Solar & Electric Boats.

BanyanTree, a mid-market private equity firm, completed an investment in Navalt Solar & Electric Boats, an eco-marine tech company. Financial terms were not disclosed. With India’s globally competitive manufacturing cost structure, Navalt is uniquely positioned to emerge as a world leader in electric maritime mobility, offering sustainable and cost-effective alternatives for both domestic and international water transport markets. BanyanTree’s investment will support Navalt to expand production, deepen its export footprint, and strengthen R&D and vessel design capabilities.