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ILJIN Electronics bags ₹1,200cr from ChrysCapital and InCred PE

Business

ILJIN Electronics, part of Amber Group, just raised ₹1,200 crore in fresh funding—₹1,100 crore from ChrysCapital and ₹100 crore from InCred Growth Partners.
The deal still needs regulatory approval but marks a big step for the company.

What's the money for?

ILJIN plans to use this cash to ramp up manufacturing, upgrade its tech game, and expand through acquisitions.
This includes buying Power-One Micro Systems (for battery storage systems, EV chargers, solar inverters) and picking up a stake in Israel's Unitronics.

Quick look at ILJIN

Founded in 2001 and based in Greater Noida, ILJIN makes printed circuit boards (PCBs) used in everything from gadgets to cars and healthcare devices.
For FY25, they pulled in ₹2,194 crore revenue with an operating EBITDA of ₹151 crore.