"Shakti Pumps has proved its credentials with its quality products. Its energy-efficient product line saves 30 per cent more energy than other competing products," Subhkam's Director and CEO Manu Punnoose, a press release issued here said.
Shakti Pump's sales predominantly comes from exports and is competing with the world's largest player Grundfos. The company has two plants in Indore, he said.
Subhkam Ventures has built up a private equity portfolio of around 24 companies over a period of time with focus on mid-sized companies in infrastructure, telecom, healthcare, financial services, aerospace, tourism and environment sectors, amongst others.