CAPGRID Secures $5M in Extended Series A Funding

CAPGRID Raises $5.0M in Extended Series A Led by Anicut Capital, Backed by Sona Comstar Leadership

CAPGRID, a leading cloud manufacturer of precision components, has successfully raised $5.0 million in an extended Series A funding round. The investment was led by Anicut Capital, which meticulously invests in companies across all stages of growth, with continued participation from Nexus Venture Partners and Axilor Ventures.

Strategic Investors Join the Round

This round also welcomes two strategic investors—Mr. Sunjay Kapur, Chairman of Sona Comstar, and Mr. Vivek Vikram Singh, MD & Group CEO of Sona Comstar—reflecting strong industry confidence in CAPGRID’s business model, supply chain expertise, and growth trajectory.

Expansion and AI-Driven Growth

The fresh capital will accelerate CAPGRID’s expansion into identified global markets, building upon AI-based tech capabilities for supply chain visibility & traceability and enhancing the scalable competence of strategic manufacturing partners across a broader spectrum of industries & component categories. This funding will empower MSME manufacturers, strengthening their role in India's manufacturing ecosystem.

What services does CAPGRID provide?

CAPGRID is a cutting-edge 360° “Design-to-Deliver” company, driving supply chain consolidation across various industries and component categories. With a core philosophy of “Technology of Trust”, CAPGRID manages design & engineering, development, cloud manufacturing, quality governance, dynamic fulfillment, and last-mile delivery, making it a key player in India’s manufacturing revolution.

Investor Insights on CAPGRID’s Potential

Mr. Dhruv Kapoor, Partner, Growth and Late-stage Equity at Anicut Capital, stated, "CAPGRID's cloud competent manufacturing brings granularity and visibility to inefficient supply chains in automotive and consumer durable sectors. It ensures companies focus on critical areas while CAPGRID takes ownership of non-critical components by working closely with suppliers. CAPGRID's solution is essential to streamline inefficiencies as India transitions toward a manufacturing-led economy."

Mr. Sunjay Kapur, Chairman, Sona Comstar, commented, "CAPGRID’s business model is vital for scaling manufacturing in India. By optimizing supply chains, CAPGRID enables companies to focus on their core strengths. As they expand competencies across different industries, they are well-positioned to become the purchase organizationfor companies in India and globally."

Mr. Vivek Vikram Singh, MD & Group CEO of Sona Comstar, added, "India’s manufacturing supply chains are complex, fragmented, and lack efficiency. CAPGRID’s cloud-centric technology approach simplifies this, providing a cost-effective, efficient consolidation solution for customers while offering small suppliers a larger platform to connect with new clients. It’s a win-win for the entire supply chain."

CAPGRID’s Technology-Driven Future

With manufacturers increasingly seeking flexible, technology-enabled supply chains, CAPGRID is leveraging digital integration, real-time data insights, and a highly scalable supplier network to enable expedited component manufacturing, streamlined procurement, enhanced traceability, and always-on fulfillment. This transformative approach reduces complexity, accelerates innovation, improves cost efficiency, and helps manufacturers adapt swiftlyto market needs.

Disclaimer: This is a company/PR press release/ user-generated content moderated without altering facts. TICE is not responsible for business decisions based on this report and does not verify its accuracy.