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TIEA Connectors raises Rs 22 Cr co-led by Jamwant Ventures and Valour Capital

EntrackrEntrackr · 9m ago
TIEA Connectors raises Rs 22 Cr co-led by Jamwant Ventures and Valour Capital
Medial

TIEA Connectors, a Bengaluru-based company specializing in the design, development, and manufacturing of customized industrial electronic and electrical interconnect solutions, has raised Rs 22 crore ($2.57 million) in its latest funding round. The round was led by Jamwant Ventures and Valour Capital, with participation from 8X Ventures and IvyCap. The Dharwad-based company had previously raised $1.43 million from Plantain Tree Ventures. The proceeds will be used to scale its operations, drive innovation, and continue delivering solutions to its customers, TIEA Connectors said in a press release. Co-founded in 2019 by Ajith Sasidharan and Punit Shridhar Joshi, TIEA Connectors is incubated at the Indian Institute of Science (IISc) and continues to collaborate with IISc on cutting-edge developments. With multiple patents granted, it remains committed to driving technological innovation and advancing India's indigenous ESDM capabilities. According to TIEA Connectors, its products are essential components across multiple sectors, including electric vehicles (EV), aerospace, consumer electronics, and defense. Specializing in the design, development, and manufacturing of various types of interconnect solutions, the company claims to have collaborated with industry leaders in the EV, aerospace, and defense sectors. TIEA claims to have grown 4x in FY25 and is currently operating at 90% manufacturing capacity. TIEA plays a crucial role by producing high-quality components that have traditionally been imported, with a focus on performance, cost efficiency, and R&D—particularly in wireless power transfer and fire-retardant connectors.

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WorkIndia raises Rs 97 Cr in Series B led by Aavishkaar Capital

EntrackrEntrackr · 2m ago
WorkIndia raises Rs 97 Cr in Series B led by Aavishkaar Capital
Medial

WorkIndia raises Rs 97 Cr in Series B led by Aavishkaar Capital Blue and grey-collar job portal WorkIndia has raised Rs 97 crore (about $10.8 million) in a Series B funding round led by Aavishkaar Capital. Existing investor BEENEXT Capital participated with a Rs 22 crore contribution, while Aavishkaar Capital invested Rs 75 crore in the round. This is the first funding for the company in nearly 3 years since it raised $12 million in January 2023, led by SBI Holdings, Nintendo founding family and others. The proceeds will be used to strengthen WorkIndia’s technology platform, improve its employer-candidate matching systems, and expand operations into high-demand regions. The company said it also plans to invest in product innovation to support both job seekers and businesses seeking workforce solutions. Co-founded by Kunal Patil, Nilesh Dungarwal, and Moiz Arsiwala, WorkIndia is a job platform focused on blue- and grey-collar workers, offering opportunities across 50 categories including tele-calling, field sales, delivery roles, and more. According to startup data platform TheKredible, WorkIndia has raised around $30 million to date from investors such as BEENEXT, Xiaomi, SBI Holdings, Insitor, and others. BEENEXT is the largest external shareholder, holding an 11.31% stake before this round, followed by Xiaomi at 7.3%. The co-founders collectively hold a 32.1% stake in the company. For the fiscal year ended March 2025, WorkIndia posted a 25% year-on-year increase in operating revenue to Rs 78.7 crore, while narrowing its losses by 25% to Rs 23.06 crore.

Electronics manufacturing startup Indigrid Technology raises Rs 40 Cr in Series A

EntrackrEntrackr · 15d ago
Electronics manufacturing startup Indigrid Technology raises Rs 40 Cr in Series A
Medial

Electronics manufacturing startup Indigrid Technology raises Rs 40 Cr in Series A Electronics manufacturing startup Indigrid Technology has raised Rs 40 crore ($4.4 million) in a Series A funding round led by Valour Capital, with participation from ITI Growth Opportunities Fund, Vimson Group, and Global South Capital. Earlier in September last year, Indigrid had raised $4 million (about Rs 35.2 crore) as part of a strategic funding round from existing investor Cactus Partners. The fresh capital will be used to expand manufacturing capacity, strengthen research and development capabilities, support working capital requirements, and explore integration opportunities across the value chain. Founded in 2015 by Sameer Narang and Rishab Purias, Indigrid develops and manufactures embedded electronic systems for automotive and consumer appliance sectors. Indigrid manufactures products such as motor controllers, DC-DC converters, and regulator rectifiers for automotive OEMs, along with control systems for consumer appliances and battery pack assemblies for EVs and drones. Indigrid operates a manufacturing facility in Gurugram and has recently set up an additional unit in Goa. It has also secured land in Goa to establish a larger production facility. The startup claims to have reported revenue of Rs 108.5 crore in FY25 and expects revenue between Rs 200 crore and Rs 250 crore in FY26. It also has an order book of around Rs 600 crore for FY27.

Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures

EntrackrEntrackr · 1m ago
Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures
Medial

Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures Gurugram-based kitchenware startup Cumin Co. has raised $5 million (around Rs 41 crore) in a pre-Series A funding round led by Fireside Ventures. Existing investors Huddle Ventures and Alteria Capital also participated, along with several angel investors. Earlier in August last year, Cumin Co. had raised its first institutional funding of $1.5 million (about Rs 13.16 crore) led by Fireside Ventures along with participation from Huddle Ventures. The proceeds will be used to expand the product portfolio across cookware and kitchen essentials. It also plans to strengthen its supply chain, increase investments in R&D, and improve manufacturing and product innovation capabilities. Founded by Niharika Joshi and Udit Lekhi, Cumin Co. operates in the premium kitchenware segment and focuses on research-led product development. The brand sells cookware and kitchen essentials directly to consumers through online channels. Cumin Co. builds its products around proprietary material and coating technology under its Enviromax platform. It holds three granted patents and has five more pending, covering material science, surface coatings, and product design. Going ahead, Cumin Co. will continue to focus on controlled expansion, selective channel rollout, and improving unit economics as it scales its operations. It competes with other notable startups in this space such as Indus Valley and Palette Brand’s Ember. Indus Valley secured Rs 23.1 crore in a pre-Series A round led by DSG Ventures, while Palette Brands raised nearly Rs 17 crore in a pre-Series A round led by Rockstud Capital.

CURRYiT raises Rs 4.5 Cr in seed round

EntrackrEntrackr · 1y ago
CURRYiT raises Rs 4.5 Cr in seed round
Medial

Cooking paste brand CURRYiT has secured Rs 4.5 crore in a seed round co-led by RK Family Trust, Tangent Advisors, and Freeflow Ventures along with participation from Ramesh Damani, Ajaya Jain, and others. CURRYiT had previously raised $139K co-led by RPSG Capital Ventures, IIMU, and others back in 2021. The fresh proceeds will be allocated towards scaling up operations, enhancing brand marketing efforts, and strengthening their distribution channels. According to market research, the Indian ready to cook and spices market is likely to grow at a compounded annual growth (CAGR) of 15.7%. Co-founded in 2020 by Richa Sharma and Nischal Kandula, CURRYIT stamps out the challenges of chemicals, preservatives, dehydrated vegetables and palm oil. It offers a range of cooking pastes including curry pastes such as Kashmiri rogan josh, butter masala, biryani pastes, ginger garlic paste, tomato purees, instant tadka, etc. The Delhi-based company claims to have served more than 25,000 pincodes per day and witnessed over 50% M-o-M growth on Q-commerce platforms. The brand aims to quadruple its monthly revenue in the next 6 months.

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

EntrackrEntrackr · 8m ago
Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC
Medial

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC Sneaker brand Gully Labs has raised Rs 8.7 crore in a seed funding round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC along with participation from Untitled Ventures, Atrium Ventures, and other prominent angel investors including Bounce co-founder & CEO Vivekananda Hallekere, Suhasini Sampath, Nishchay AG, Renee Cosmetics founder Ashutosh Valani, Anurag Ramadasan, and Rahul Seth, while Stride Ventures led the debt investment. Prior to this, the company had secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores, Gully Labs said in a press release. Co-founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs crafts handmade sneakers, blending premium materials with culturally rich design stories — from Phulkari-embroidered trainers to Onam-inspired silhouettes. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company plans to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. It also plans to launch exclusive retail outlets as part of its omni-channel strategy.

QuickShift raises Rs 22 Cr in pre-Series A round led by Atomic Capital

EntrackrEntrackr · 3m ago
QuickShift raises Rs 22 Cr in pre-Series A round led by Atomic Capital
Medial

QuickShift raises Rs 22 Cr in pre-Series A round led by Atomic Capital D2C and enterprise fulfillment startup QuickShift has raised Rs 22 crore (around $2.6 million) in a pre-Series A funding round led by Atomic Capital, with participation from Axilor Ventures and other investors. The funds will be used to enhance its AI-led fulfillment platform, expand operations across North and South India, and strengthen its omni-channel programs and leadership team. Founded by Anshul Goenka, QuickShift provides a plug-and-play fulfillment and supply chain platform that integrates technology, infrastructure, and logistics services to offer real-time visibility and control over inventory and orders. The firm claims to have achieved 100% annual recurring revenue growth between September 2024 and September 2025. QuickShift currently manages three lakh B2C shipments, seven lakh marketplace orders, and 5,000 quick commerce replenishments monthly. It serves over 100 D2C and enterprise brands across seven fulfillment centers covering 29,000 pincodes. It also plans to expand to NCR, Mumbai, Bangalore, and Kolkata, with new centers coming up in Hyderabad, Chennai, Ahmedabad, Lucknow, and Indore. QuickShift’s platform integrates with Amazon, Flipkart, Meesho, Blinkit, Zepto, Swiggy, JioMart, and BigBasket, enabling unified fulfillment across online and offline channels.

D2C fashion brand MyDesignation raises 40 Cr in Series A round

EntrackrEntrackr · 4d ago
D2C fashion brand MyDesignation raises 40 Cr in Series A round
Medial

Direct-to-consumer (D2C) fashion brand MyDesignation has raised Rs 40 crore in a Series A funding round led by RPSG Capital Ventures, with participation from existing investors Veltis Capital, Multiply Ventures, and Dominor Investments. The Kerala-based startup had previously secured $1.25 million in a seed funding round in Feb. 2025. The proceeds will be deployed to expand its offline retail footprint through company-owned stores, strengthen the senior leadership team, and launch new product categories as it enters the next phase of growth. Co-founded in 2020 by Swaroop Krishnan and Gopika B Raj, MyDesignation is focused on building a design-led, community-driven apparel business, offering a personalized shopping experience with a focus on culturally inspired and stylish casual wear. The brand reports strong repeat purchase rates and aims for further growth with plans to open eight stores over the next year.

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