CapGrid Raises ₹50 Crore Pre-Series B Led By Hero Enterprise

31 Oct 2026, 7:16 pm · 4h ago · 1 min read · Inc42

Amount

$5.2M

Stage

Pre-Series B

Lead

Hero Enterprise Venture Partners

Delhi NCR-based B2B manufacturing startup CapGrid has secured ₹50 crore (around $5.2 million) in a Pre-Series B funding round, valuing the company at ₹430 crore ($45.3 million). The round was led by Hero Enterprise Venture Partners, with participation from Axilor Ventures, Anicut Capital, Nexus Venture Partners, and angel investors. Founded in 2021 by Dheeraj Tiwari and Himanshu Raghuvanshi, CapGrid operates a cloud manufacturing platform coordinating precision component production via third-party manufacturers. The startup plans to deploy the capital into research and development for high-end engineered precision components, expanding into drones and data centres.