CapGrid Secures ₹50 Cr Funding To Deepen Its Manufacturing Play
Led by Hero Enterprise Venture Partners, the funding values CapGrid at ₹430 crore. The company operates a cloud manufacturing platform that uses AI and ML to match OEM orders with spare capacity at third-party factories.
Key points
- Raised ₹50 crore (~$5.2 million) in Pre-Series B funding
- Funding to support R&D in precision components and data centers
- Platform uses AI/ML to coordinate production without owning factories
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