Manufacturing Startup CapGrid Bags $3.3 Mn From Anicut Capital, Nexus Ventures

Capgrid, a manufacturing startup, has raised $3.3 million in funding from Anicut Capital and Nexus Ventures. The startup focuses on transforming traditional manufacturing processes by integrating automation and digital technologies. The investment will be used to further develop Capgrid's platform and expand its operations in the Indian market. Capgrid aims to modernize India’s manufacturing sector, which remains highly fragmented, by offering data-driven solutions that increase efficiency and reduce costs for manufacturers. The funding reflects the growing interest in smart manufacturing solutions.