Amount Raised
$7 Million
Round Type
Funding Round
GurgaonManufacturingAutomotiveSupply Chain ManagementDescription
Gurgaon-based CapGrid, a B2B cloud manufacturing startup for precision parts and components, has raised $7 million (about Rs 57 crore) in a Series A round led by Nexus Venture Partners. The round also saw participation from its existing investors Anicut Capital and Axilor Ventures, which was founded by Infosys co-founders Kris Gopalakrishnan and SD Shibulal. The company last raised Rs 4.1 crore in November 2021 in its seed funding round from Anicut, Axilor and Firstcheque.CapGrid said it is currently getting over 5,000 different precision components manufactured through its supplier network of more than 300 partners. CapGrid’s AI-powered platform and network of suppliers allows manufacturers to reduce the complexities in the direct material sourcing and procurement process
Quick answer
CapGrid Solutions raised $7 Million in a Funding Round round, dated January 30, 2023. CapGrid Solutions is based in Gurgaon, Haryana, India.
- How much did CapGrid Solutions raise?
- CapGrid Solutions raised $7 Million in a Funding Round round on January 30, 2023.
- What does CapGrid Solutions do?
- CAPGRID is a tech-enabled "Design-To-Deliver" company for precision parts and components.
- Where is CapGrid Solutions based and how big is it?
- CapGrid Solutions is based in Gurgaon, Haryana, India. Fundz records about 116 employees.
- Who are the decision-makers at CapGrid Solutions?
- Fundz holds 1 contact at CapGrid Solutions. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Supply Chain Management around the same time
Companies in the same sectors as CapGrid Solutions that raised within 45 days of this round, from Fundz verified event records.
- Arcimoto raised $6M (Funding Round) on February 22, 2023.
- RB Global raised $500M (Corporate Round) on January 23, 2023.
- Damon raised an undisclosed amount (Funding Round) on January 17, 2023.
- Blinto raised $11M (Funding Round) on March 16, 2023.
- Phytonics raised an undisclosed amount (Series A) on March 16, 2023.
- RBW LOGISTICS raised an undisclosed amount (Funding Round) on March 16, 2023.
Who to call at CapGrid Solutions, and when
A new round usually means CapGrid Solutions is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CapGrid Solutions raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CapGrid Solutions, from your own LinkedIn network
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