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Whizzo in talks to raise $26M in Series B led by Aavishkaar Capital and Bertelsmann Investments for its textile manufacturing platform.

PRIVATEOct 12, 2026

Amount Raised

$26 Million

Round Type

Series B

BengaluruManufacturing

Investors

Lightspeed Venture PartnersFundamentumBertelsmann InvestmentsAavishkaar Capital

Description

Manufacturing startup Whizzo is in talks to raise approximately $26 million in its Series B funding round, co-led by Aavishkaar Capital and Bertelsmann Investments. Existing backers including Fundamentum and Lightspeed Ventures are also expected to participate in the round. Founded in 2024 by Shrestha Kukreja, Whizzo is India's first contract development and manufacturing organisation platform specializing in technical textiles. The fresh round comes six months after the startup raised $15 million in Series A funding.

Company Information

Company

Whizzo

Location

Bengaluru, Karnataka, India

About

Whizzo is a materials science based manufacturing company in the domain of engineered and technical textiles. The core capability lies in creation, iteration and execution of Textile blends having versatile applications ranging from Automobiles to Agriculture to Industrial. The proprietary blends of Whizzo are already adopted by highly sophisitcated and technical segments such as Medical textiles, engineered fashion apparels etc.

Fundz sees it the moment Whizzo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsDhirendra L., Director Sales & InnovationSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Whizzo's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, 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 FundzWatch™ for automated website change detection, 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.