CapGrid Solutions, an AI-powered B2B manufacturing platform, has Secures $4.87 million (₹46.28 crore) in a pre-Series B funding round led by Hero Enterprise Partner Ventures. The round also included participation from existing investors Nexus Venture Partners, Anicut Capital, Axilor Technology Fund, and investor Amit Jain.
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Follow usThe funding comes as CapGrid prepares to expand its operations and meet its additional capital requirements. According to regulatory filings reported by Entrackr on October 16, 2026, the company issued 2,888 compulsorily convertible preference shares (CCPS) to raise fresh capital.
How CapGrid Plans to Use the Funds
According to the regulatory filings cited by Entrackr, CapGrid will use the fresh capital to support business expansion, drive growth, and meet additional capital requirements.
The funding will support the company's efforts to strengthen its operations as it serves businesses across multiple industrial sectors. However, the company has not publicly disclosed a detailed allocation of the funds.
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CapGrid's Business and AI-Powered Manufacturing Platform
The company serves industries including automotive, agricultural equipment, earthmoving equipment, aerospace, oil and gas, consumer durables, and electric vehicles (EVs). Its platform focuses on supporting businesses with their manufacturing and sourcing requirements.
CapGrid operates in a market where manufacturers increasingly seek technology-driven solutions to improve procurement processes, supplier management, and operational efficiency.
CapGrid's Financial Performance
CapGrid reported significant revenue growth in FY25. According to the financial figures reported by Entrackr, the company's operating revenue increased approximately 2.1 times to ₹209 crore in FY25, compared with ₹99.2 crore in FY24.
Its net loss declined marginally to ₹25.92 crore during FY25. The company has not yet filed its financial statements for FY26, so its latest annual financial performance is not yet available through those filings.
About CapGrid Solutions
CapGrid Solutions is an India-based B2B manufacturing technology company founded in July 2020 by Dheeraj Kumar Tiwari and Himanshu Singh Raghuvanshi. The company uses AI-powered technology to serve industrial businesses across sectors such as automotive, aerospace, agriculture equipment, oil and gas, and electric mobility.
With its latest pre-Series B funding, CapGrid plans to support its expansion and growth while continuing to build its presence in the manufacturing and industrial supply chain ecosystem.
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