Encube Ethicals gets funding from Quadria Capital, others at $800 million valuation

Mumbai: Topical drugs maker Encube Ethicals has raised $100-120 million from Quadria Capital and its co-investors including Gulf Islamic Investments.

The funding round will see existing investors Multiples Alternate Asset Management Pvt. Ltd. (Multiples PE) exit the company that is now valued at around $800 million.