morf india looking for venture capital funding - where to buy car air purifiers

India molfook Limited, Chennai-
A company that provides solutions in the field of water purification and sewage treatment is looking for Rs.
10 crore venture capital fund.
"We have authorized investment bankers and hope to achieve this by this fiscal year," said the managing director of MV . ".
The money will be spent on more projects and expanding the business of the consumer goods sector, Praveen said.
On Monday, under a brand license agreement with Electrolux Home Products, he spoke with presspersons here when launching the first Kelvinator water purifier
Under the agreement, MORF will sell Electrolux-owned brands Kelvinator in India and Sri Lanka, as well as a range of water and air purifiers.
AB Electrolux Matthew Yang, head of global brand licensing, said the Indian water purifier market would grow rapidly and MORF was selected "because it knows the water industry very well ".
He said Electrolux will be in 2013.
14, look at the license agreement for more products under the Kelvinator brand in India.
He said it was open On the agreement with video On. According to Mr.
Praveen, the residential purifier market, is Rs.
Now Rs 1,500, it is expected to touch Rs.
Reached Rs 5,000 by 2016, providing space for more players.
Currently, only 2-
Three deep-rooted enterprises in the water purifier market.
MORF will produce water purifiers in Electrolux approved/authorized units in India, China and Taiwan and plans to launch more models within three months.
The model launched on Monday will be sold through direct sales personnel and channel partners, while the upcoming model will be sold through retail stores.
In terms of air purifiers, he said air purifiers will be launched in the next fiscal year.