VC Fund Investments
B2B cloud manufacturing co. CapGrid raises $3.3 M from Anicut Capital, others
Gurugram-headquartered B2B (business-to-business) cloud manufacturing startup CapGrid has attracted USD 3.3 million from existing investors Anicut Capital, Nexus Ventures and Axilor Ventures in an extended Series A funding round. Anicut Capital infused INR 22.4 crore into the company in the latest funding round.CapGrid provides a "Design-to-Deliver" service for precision automotive and industrial parts and components, essentially acting as a one-stop shop for sourcing, procurement, and fulfilment of parts by leveraging a network of cloud manufacturers and a quality control system, streamlining the supply chain for manufacturers through their online platform.
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