Jupiter secures Rs 5 billion investment from ValueQuest SCALE Fund

Jupiter International Limited has secured an investment of Rs 5 billion from ValueQuest SCALE Fund and its affiliates. This marks ValueQuest’s second round of investment in the company. The funding will support Jupiter’s ongoing capital expenditure programme as it scales up its solar manufacturing capacity. The company currently operates a 1 GW solar cell manufacturing facility in Baddi, Himachal Pradesh, and plans to expand to 5.6 GW of solar cells and 2.4 GW of solar modules.