Funding
CapGrid Solutions: B2B manufacturing startup CapGrid Solutions bags $5 million in new round
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Nexus Venture Partners-backed business-to-business (B2B) manufacturing startup CapGrid Solutions has raised $5 million (around Rs 45 crore) in a funding round led by Anicut Growth Fund, founder and chief executive Dheeraj Tiwari told ET.
The round also saw participation from existing investors Nexus Venture Partners and Axilor Ventures, at a valuation of Rs 305 crore after the investment. Auto component industry veterans Sunjay Kapur and Vivek Vikram Singh, who are chairperson and managing director of Sona Comstar, respectively, have also joined the…
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