ChrysCapital and InCred completed a $135m investment in Amber Enterprises-backed ILJIN Electronics.

ChrysCapital, an investment firm, and InCred, a diversified financial company, completed a $135m investment in Amber Enterprises-backed ILJIN Electronics, a manufacturer of electronic equipment. “The EMS sector is poised for robust growth given multiple industry tailwinds including the recent ECMS scheme. ChrysCapital is very excited to partner with Amber Group, which has exhibited strong scale-up & execution complimented by accretive acquisitions in higher entry barrier segments. We look forward to working with the team and strengthen ILJIN’s position as one of the leading EMS players in India,” Raghav Ramdev, ChrysCapital Managing Director.