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Novo Tellus Wins Private Equity Deal of the Year Award

9/23/2025

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Story summary
  • Novo Tellus won SVCA’s 2025 Private Equity Deal of the Year for TDConnex.
  • The April 2024 investment, with TDConnex founder Thanga Venkatachalam, restructured TDConnex as an independent entity in Singapore.
  • TDConnex built its first India factory and Singapore HQ.
  • TDConnex now produces over 4 billion components annually for more than 1 billion devices.