Electronics startup Indigrid Technology raises Rs 40 Cr in Series A funding led by Valour Capital to expand manufacturing and R&D capabilities.
Amount Raised
₹400 Million
Round Type
Series A
Investors
Description
Indigrid Technology has successfully raised Rs 40 crore ($4.4 million) in a Series A funding round led by Valour Capital. The fresh capital will be used to expand manufacturing capacity and strengthen research and development capabilities. Other participants include ITI Growth Opportunities Fund, Vimson Group, and Global South Capital. Founded in 2015, Indigrid specializes in embedded electronic systems for automotive and consumer appliance sectors.
Quick answer
Indigrid raised ₹400 Million in a Series A round, dated February 12, 2026. Investors: ITI Growth Opportunities Fund, Vimson Group, Global South Capital and Valour Capital. Indigrid is based in Gurgaon, Haryana, India.
- How much did Indigrid raise?
- Indigrid raised ₹400 Million in a Series A round on February 12, 2026.
- Who invested in Indigrid?
- ITI Growth Opportunities Fund, Vimson Group, Global South Capital and Valour Capital are named as investors in this round.
- What does Indigrid do?
- Indigrid Technology is an electric vehicle component startup founded in 2017, with manufacturing operations in Manesar, Haryana.
- Where is Indigrid based and how big is it?
- Indigrid is based in Gurgaon, Haryana, India. Fundz records about 158 employees.
- Who are the decision-makers at Indigrid?
- Fundz holds 1 contact at Indigrid. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Manufacturing around the same time
Companies in the same sectors as Indigrid that raised within 45 days of this round, from Fundz verified event records.
- Azio AI Holdings, Inc. raised $3.9M on March 6, 2026.
- LEQI raised an undisclosed amount (Series B) on March 1, 2026.
- Einride raised $113M (Post-IPO Equity) on February 28, 2026.
- GeniTech Ltd raised $318M on February 27, 2026.
- L.E.S.S. SA raised $22M (Series C) on February 27, 2026.
- GeniTech raised $330M (Funding Round) on February 26, 2026.
Who to call at Indigrid, and when
A new round usually means Indigrid is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Indigrid raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Indigrid, from your own LinkedIn network
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