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Workroom Automation Raises ₹6.2 Crore in Seed Funding Led by Equirus InnovateX Fund to Build the Operating System for Global Manufacturing

StartupTalky

StartupTalky · 9d ago

Workroom Automation Raises ₹6.2 Crore in Seed Funding Led by Equirus InnovateX Fund to Build the Operating System for Global Manufacturing

Workroom Automation, a platform focused on factory intelligence and automation, raised ₹6.2 crore in seed funding led by Equirus InnovateX Fund. The funds will enhance their AI-driven production planning, strengthen the platform, and expand market efforts. Workroom aims to streamline global manufacturing by shifting from fragmented systems to intelligent, automated operations. With strong early traction in various sectors, they intend to enhance planning, orchestration, and delivery while working towards fully autonomous factory operations.

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Workroom Automation raises seed funding led by Equirus InnovateX Fund

Entrackr

Entrackr · 9d ago

Workroom Automation raises seed funding led by Equirus InnovateX Fund

Workroom Automation raises seed funding led by Equirus InnovateX Fund. The round also saw participation from Astir Ventures, Venture Catalysts Group, and angel investors including Bhavik Dholakia, Vishal Shah, Varun Patel, Viraj Lavingia, and Bhavin Sodavadiya. The Hyderabad-based company will use the fresh proceeds to accelerate product development, strengthen its core platform, and scale go-to-market efforts. It will also focus on advancing its AI planning engine, expanding automation capabilities, and building deeper integrations across ERP, MES, and shopfloor systems. The firm plans to invest in enterprise sales, strategic partnerships, and customer success and delivery capabilities. Founded by Abhinav Atthota and Rohan Agarwal, Workroom Automation builds a connected factory platform that acts as an intelligence layer across manufacturing systems. The platform connects data across ERP, MES, machines, and shopfloor workflows to enable real-time decision-making and automated execution. The company’s AI-powered planning engine converts complex demand into daily production plans and dynamically adjusts to constraints such as machine availability, material flow, and workforce changes. It aims to improve capacity utilization, reduce delays, and enhance execution across manufacturing operations. Workroom Automation has started deploying its platform across factories in sectors including automotive, electronics, industrial machinery, and consumer goods. It is focusing on scaling deployments across multiple factories within enterprises and expanding its presence among medium and large discrete manufacturing companies. The company aims to build a unified operating system for manufacturing with capabilities around planning, orchestration, and automation while moving towards autonomous factory operations.

Daily Indian Startup Funding Roundup & Key News - 23 March 2026

StartupTalky

StartupTalky · 8d ago

Daily Indian Startup Funding Roundup & Key News - 23 March 2026

On March 23, 2026, Indian startups witnessed robust funding activities across sectors like manufacturing, fintech, mobility, and enterprise automation. Key highlights include Bidso's ₹63 crore Series A led by Blume Ventures, LetzRyd's $4 million Series A, and Finfinity's $2.4 million seed round. Additionally, Workroom Automation secured ₹6.2 crore. Meanwhile, Jio BlackRock launched a new large-cap fund, Kotak Mahindra Bank approached a deal for Deutsche Bank’s retail business, and Nikhil Kamath invested in Swan Defence.

Equirus floats early-stage fund to back tech startups

VCCircle

VCCircle · 2y ago

Equirus floats early-stage fund to back tech startups

Equirus, a financial services firm in India, has launched the Equirus InnovateX Fund to invest in early-stage tech startups. The fund, registered with the Securities and Exchange Board of India, aims to raise a minimum of INR 200 crore. Equirus offers investment banking, wealth management, and portfolio management services.

Raana Semiconductors Raises $3 million in Seed Funding to Build Indigenous Silicon Ingot Growth Systems

StartupTalky

StartupTalky · 2m ago

Raana Semiconductors Raises $3 million in Seed Funding to Build Indigenous Silicon Ingot Growth Systems

Raana Semiconductors raised $3 million in a seed funding round led by Equirus Innovatex Fund and Artha Venture Fund, with additional participation from IvyCap Ventures, PointOne Capital, and others. This financing will help the company, experienced in Czochralski-based crystal growth systems, develop indigenous silicon ingot growth systems to bolster India's solar and semiconductor self-reliance. Raana plans to produce 10-12 inch solar-grade ingots, aiming for future semiconductor-grade wafer production and significant revenue growth.

Equirus’ early-stage fund set for final close in two months

VCCircle

VCCircle · 10m ago

Equirus’ early-stage fund set for final close in two months

Equirus, a diversified financial services firm, is nearing the final close of its early-stage investment fund, the Equirus InnovateX Fund, within the next two months. The fund, launched last year, aims to invest in early-stage startups, bolstering Equirus’ presence across various verticals through recent acquisitions. This strategic move underscores the company's commitment to fostering innovation and supporting emerging businesses in their growth and development phases.

Equirus InnovateX Fund announces final close of its maiden fund at Rs 166 crore to invest in startups

IndianStartupNews

IndianStartupNews · 1m ago

Equirus InnovateX Fund announces final close of its maiden fund at Rs 166 crore to invest in startups

Equirus InnovateX Fund (EIF) has closed its maiden B2B tech fund at Rs 166 crore, focusing on seed and pre-series A startups in deeptech, SaaS, and fintech sectors. With backing from founders like Girish Gaitonde and M.R. Jyothy, EIF emphasizes supporting founders solving complex problems with sustainability. Led by Krishna Jha, Sunder Nookala, and Sadhika Agarwal, the fund has invested in seven startups with plans to support up to 15, deploying remaining capital over 12-18 months.

Equirus InnovateX Fund Announces Final Close of Debut Enterprise Tech Fund at ₹166 Crore

StartupTalky

StartupTalky · 1m ago

Equirus InnovateX Fund Announces Final Close of Debut Enterprise Tech Fund at ₹166 Crore

Equirus InnovateX Fund (EIF) has finalized its debut enterprise tech fund at ₹166 crore, focusing on early-stage B2B tech companies in Deep Tech, SaaS, and Fintech. With a commitment to fostering long-term sustainability, EIF supports seed and pre-series A startups aiming for product-market fit. Led by Krishna Jha, Sunder Nookala, and Sadhika Agarwal, the fund has backed seven startups so far and emphasizes strong governance, enterprise access, and long-term value creation.

Equirus onboards new venture partner for maiden VC fund

VCCircle

VCCircle · 1y ago

Equirus onboards new venture partner for maiden VC fund

Equirus Capital has appointed Krishna Jha, founder of ITFinity and angel investor, as a venture partner for its InnovateX Fund. The fund, with a total capital of $25m, seeks to make strategic investments across sectors such as SaaS, fintech, and deeptech. Jha will play a key role in expanding Equirus' presence in the venture capital and wealth management sectors, and will be responsible for driving the growth of the fund's portfolio. This appointment comes two months after Equirus received approval from SEBI to launch its maiden venture capital fund.

Equirus Marks First Close For Maiden Early-Stage VC Fund

Inc42 · 2y ago

Equirus Marks First Close For Maiden Early-Stage VC Fund

Equirus, an investment banking services company, has announced the first close of its early stage venture capital fund. The fund, called Equirus InnovateX Fund (EIF), plans to raise a minimum of $25m to invest in tech startups, particularly in the software-as-a-service (SaaS), deeptech, and fintech sectors. The fund aims to invest in 15-20 startups this year, with ticket sizes between $500k and $1m. EIF has already acquired an AIF Category I license from the Securities and Exchange Board of India.

Equirus Marks First Close For Maiden Early-Stage VC Fund - StartupNews.fyi

Startup News FYI

Startup News FYI · 2y ago

Equirus Marks First Close For Maiden Early-Stage VC Fund - StartupNews.fyi

Equirus, the financial services startup, has announced the first close of its debut early stage venture capital fund, known as the Equirus InnovateX Fund (EIF). The fund aims to raise at least $25m and plans to invest in two tech-based startups by next month and approximately 15-18 startups by the end of the year. With a focus on sectors such as SaaS, deeptech, and fintech, the fund seeks to support startups with sustainable business models and strong monetisation strategies. It will reserve 30-40% of its capital for follow-on rounds to support portfolio companies as they scale and grow.

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