Embedded vision technology firm e-con Systems has secured Rs 100 crore investment from GR22 Holdings for expansion of business overseas, the company said on Monday. The company aims to consolidate its position as a world leader in embedded vision products and solutions and increase its revenue three-fold in the next four years to around Rs 800 crore (USD 100 million) and go for public listing, e-con Systems, Co-Founder & Vice President, Hari Shankkar said. "We have received equity investment of Rs 100 crore from GR22 Holdings. We have a presence overseas but with this funding we will be scaling up our offices in the US, Europe, Japan and South Korea," Shankkar said. He said the fund will be utilized for e-con System's growth plans, including investment in building facilities for imaging, autonomous mobile robots, autonomous shopping, and cellular and molecular imaging core laboratory. "We will hire local talents overseas. At present we have around 550 people and by the time we go .
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