CapGrid Raises $4.87 Million Pre-Series B Led by Hero Enterprise

16 Oct 2026, 10:11 am · 12h ago · 1 min read · Entrackr

Amount

$4.87M

Stage

Pre-Series B

Lead

Hero Enterprise Partner Ventures

B2B manufacturing startup CapGrid has raised Rs 46.28 crore ($4.87 million) in a pre-Series B funding round led by Hero Enterprise Partner Ventures, which invested Rs 38.30 crore. Existing backers including Nexus Venture Partners, Anicut Capital, Axilor Technology Fund, and Amit Jain also participated in the round. The fresh investment pushes CapGrid’s post-money valuation up by over 50% to Rs 430 crore ($46 million). Founded in 2020 by Dheeraj Kumar Tiwari and Himanshu Singh Raghuvanshi, the AI-powered manufacturing supply chain platform will use the newly acquired capital to support its expansion, business growth, and general operational requirements.