CapGrid Series B: ₹500M

Oct 31, 2026Public sources — Collected from public sources, not yet cross-checked.

CapGrid raised ₹500 million (about $5.27 million) in a series b round led by Hero Enterprise Venture Partners, announced Oct. 31.

Facts

Company: CapGrid
Amount: ₹500 million (about $5.27 million)
Currency: INR
Stage: Series B
Announced: Oct 31, 2026
Instrument: Equity
Valuation: ₹4.3 billion (about $45.29 million) (officially disclosed)
FX rate: 1 INR = 0.010532 USD on Oct 30, 2026

Investors

Led by: Hero Enterprise Venture Partners
Participants: Axilor Ventures Anicut Capital Nexus Ventures
Angels: unnamed angels

Use of funds

R&D into higher-end engineered precision components and supporting business growth for expansion into drone manufacturing and data centres.

As stated by the company.

Sources

1.CapGrid Secures ₹50 Cr Funding To Deepen Its Manufacturing Play — Inc42, Oct 31, 2026

Public sources — Collected from public sources, not yet cross-checked.Last verified Oct 31, 2026