PE-VC Fund Investments
Automation enabler for factories DesignX raises $2-M led by Rockstud Capital
Delhi-based DesignX has raised USD 2 million in a Pre-Series A round led by Rockstud Capital, with participation from We Founder Circle and Piper Serica.The fresh funds will be used by the company for expansion across domestic and global markets and to enhance the platform's AI and integration capabilities.Founded in 2015 by Rajat Srivastava and Nishant Srivastava, DesignX offers hyper-automation for manufacturing shop floors. The company's Df-OS (Digital Factory Operating System) allows pre-creation of manufacturing plants through a combination of BPM, RPA, IIOT, and Al. Designx caters to automotive, FMCG, food, pharmaceutical, oil & gas and distillery industries.
Between Mar-20 and Sep-24, Designx had attracted about USD 2 M from Modulor Capital, Accel India, Piper Serica, othersFor FY24, Designx had reported about INR 5.05 Cr in Operating Income and about INR 3.36 Cr in Net Loss.
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