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The Economic Times

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I Squared Cap to exit Polaris Smart Metering

I Squared Capital is looking to sell its stake in Polaris Smart Metering. The US-based fund has hired an investment bank to manage the sale. Polaris Smart Metering is valued at around $200 million. The company has secured contracts for smart meter installations in Uttar Pradesh and West Bengal. Polaris recently raised financing from British International Investment.

29 Apr 2026 1:09 am