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September 08, 2014

Deal Alert: Sarthi Angels invests in compressed air company M.R. Organisation

Gujarat-based M.R. Organisation (MRO), a player in the compressed air market, has raised angel funding from Sarthi Angels Venture Foundation. MRO manufactures and distributes reciprocating and screw compressors aftermarket replacement non-genuine parts & kits. Founded by Mayur Kamdar and Rasesh Shah, the company has a collection of over 40,000 aftermarket replacement non-genuine parts & kits of more than 29 global air compressor brands. Its distribution network spans 16 states in India and 68 countries. 

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