CapGrid Raises Rs 50 Cr Pre-Series B
CapGrid raises Rs 50 crore in a Pre-Series B round led by Hero Enterprise Venture Partners to expand its manufacturing platform into drones and data centers.
CapGrid Raises Rs 50 Cr Pre-Series B
CapGrid, based in Delhi NCR, is a B2B manufacturing startup that provides a cloud-based platform for supply chain management and component sourcing. The company has raised Rs 50 crore in a Pre-Series B funding round to support the development of higher-end precision components and facilitate expansion into new sectors including drone manufacturing and data centres.
Investors
This funding round was led by Hero Enterprise Venture Partners, the investment arm of Hero Enterprise. Additional participating investors included Axilor Ventures, Anicut Capital, Nexus Venture Partners, and various angel investors.
CapGrid Use of Funds
CapGrid plans to use a portion of the primary proceeds for research and development of advanced engineered precision components. The remaining funds will be allocated toward business expansion into new industry verticals.
About CapGrid
Founded in 2021 by Dheeraj Tiwari and Himanshu Raghuvanshi, CapGrid provides a digital platform that coordinates component design, development, production, and delivery for OEMs and Tier I suppliers. The company utilizes artificial intelligence and machine learning to match orders with suppliers and optimize supply chain operations without owning its own manufacturing facilities.
Funding Details
Company Website: https://capgrid.in
Company: CapGrid
Raised: Rs 50 Cr
Round: Pre-Series B
Funding Date: November 2, 2026
Lead Investor: Hero Enterprise Venture Partners
Additional Investors: Axilor Ventures, Anicut Capital, Nexus Venture Partners, angel investors
Software Category: B2B Manufacturing and Supply Chain Platform
Source: https://www.bwdisrupt.com/article/capgrid-raises-rs-50-cr-in-pre-series-b-round-at-rs-430-cr-valuation-631563