Membrane Group, a Gurugram-based leader in advanced water and wastewater treatment, has secured a USD 50 million investment commitment from GEF Capital Partners through SEF’s South Asia Growth Fund III.
The funds will enhance Membrane’s capabilities in ultrapure water, wastewater treatment, water reclamation, and zero liquid discharge systems, targeting high-growth industries like solar photovoltaics, semiconductors, and advanced manufacturing. This investment will support project execution, boost R&D, and foster innovative resource recovery solutions.
GEF Capital Partners, a private equity fund focused on climate-resilient investments, operates in India, the US, and Brazil, with recent stakes in Sahyadri Farms and Sterlite Power Transmission. Membrane Group has completed over 2,500 projects, contributing to sustainability and ESG goals in critical sectors. Chairman MM Narang said the funding will accelerate Membrane’s mission to become a global, technology-driven process water company, scaling innovation and climate responsibility through large-scale projects.