The corpus would enable Iron Pillar portfolio companies to expand globally. : Technology-focused venture capital firm Iron Pillar has received an investment of $10 million from Allana Group in its Fund II. The 150-year-old group has manufacturing and distribution in 20 countries and has market leadership in oils, proteins, several FMCG brands and agri products. In 2017, the Group set up a corporate venture arm and has since made investments in e-commerce, grocery products, challenger brands, media and healthcare. The Group specialises in consumer industries with a strong focus on ASEAN, MENA and India.
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