Exclusive: CapGrid to raise fresh funds from Anicut, Nexus and Axilor

Capgrid is in discussions to raise fresh funds from Anicut Capital, Nexus Ventures, and Axilor Ventures. The manufacturing startup, which focuses on digital transformation in traditional industries, plans to use the funds to expand its platform and enhance its capabilities. The company is working to modernize India’s manufacturing sector by integrating automation and AI. The new capital will be used for product development, market expansion, and scaling operations. Capgrid’s focus on innovation in manufacturing has attracted significant interest from investors in the tech and industrial sectors.