CapGrid Solutions: B2B manufacturing startup CapGrid Solutions bags $5 million in new round

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Nexus Venture Partners-backed business-to-business (B2B) manufacturing startup CapGrid Solutions has raised $5 million (around Rs 45 crore) in a funding round led by Anicut Growth Fund, founder and chief executive Dheeraj Tiwari told ET.

The round also saw participation from existing investors Nexus Venture Partners and Axilor Ventures, at a valuation of Rs 305 crore after the investment. Auto component industry veterans Sunjay Kapur and Vivek Vikram Singh, who are chairperson and managing director of Sona Comstar, respectively, have also joined the…



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CapGrid Solutions: B2B manufacturing startup CapGrid Solutions bags $5 million in new round


Nexus Venture Partners-backed business-to-business (B2B) manufacturing startup CapGrid Solutions has raised $5 million (around Rs 45 crore) in a funding round led by Anicut Growth Fund, founder and chief executive Dheeraj Tiwari told ET.

The round also saw participation from existing investors Nexus Venture Partners and Axilor Ventures, at a valuation of Rs 305 crore after the investment. Auto component industry veterans Sunjay Kapur and Vivek Vikram Singh, who are chairperson and managing director of Sona Comstar, respectively, have also joined the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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