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Electronics startup Indigrid Technology raises Rs 40 Cr in Series A funding led by Valour Capital to expand manufacturing and R&D capabilities.

PRIVATEFeb 12, 2026

Amount Raised

₹400 Million

Round Type

Series A

GurgaonManufacturingAutomotive

Investors

ITI Growth Opportunities FundVimson GroupGlobal South CapitalValour Capital

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

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Company Information

Company

Indigrid

Location

Gurgaon, Haryana, India

About

Indigrid Technology is an electric vehicle component startup founded in 2017, with manufacturing operations in Manesar, Haryana. The company has two main lines of business--EV components and contract manufacturing in the electronics system design and manufacturing segment. It is focused on creating high-quality and reliable products for the rapidly-evolving EV market.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Indigrid raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.