Funded Manufacturing Startups in India
Among these 50 funded manufacturing startups in India, the largest disclosed round is Raphe mPhibr’s $100M (2025-06-25).
Among these 50 funded manufacturing startups in India, the largest disclosed round is Raphe mPhibr’s $100M (2025-06-25). It dwarfs the next-largest disclosed amounts in the list—$75M for NDR InvIT (2024-12-20) and $50M for Corrit Electric (2024-02-12)—and stands far above the broader set that clusters mostly below $30M (for example Kusumgar at $23M on 2025-10-05, Lohum at $23M on 2024-02-09, and Pakka at $29M on 2024-08-12). Disclosed rounds are also time-concentrated: 2025 alone accounts for many of the most recent entries, led by Kusumgar on 2025-10-05 and stepping back through 2025-01-07 (EMO). Geographically, Bangalore/Bengaluru appears repeatedly (e.g., Simple Energy on 2025-09-24, Scimplifi on 2025-03-12, and Ethereal Machines on 2024-06-13), alongside multiple other hubs such as Mumbai and Chennai.
Stage disclosure is uneven: 11 of the 50 rows are marked “undisclosed” and 9 are “Series Unknown” (e.g., Torus Robotics on 2025-08-26 is undisclosed; Tvasta on 2025-04-07 is Series Unknown). By stage label, “Seed” shows up frequently (e.g., Make In The Box on 2025-02-25 at $260K, Nabhdrishti Aerospace on 2025-03-26 at $3M, and Basil on 2024-02-19 at $430K), while very large checks skew toward later-stage labels like Series B and Series A.
Most recent rounds
50 shownRelated listings
Frequently asked
What stands out in round size, and is there a clear outlier?
Raphe mPhibr’s $100M (2025-06-25) is the only disclosed round above $75M, with the next-largest disclosed amounts at $75M (NDR InvIT, 2024-12-20) and $50M (Corrit Electric, 2024-02-12). This makes the top of the distribution heavily right-skewed compared with other disclosed rounds such as Kusumgar’s $23M (2025-10-05) and Pakka’s $29M (2024-08-12).
Do the most recent rounds cluster in a narrow time window?
The listing spans from 2024-01-09 (Karkhana.io) through 2025-10-05 (Kusumgar). Within that, many of the latest entries fall across 2025, including Simple Energy ($10M on 2025-09-24), EndureAir ($3M on 2025-09-13), and Raphe mPhibr ($100M on 2025-06-25).
Which locations are most over-represented across the cities shown?
Bengaluru/Bangalore appears frequently across both small and large checks, including Simple Energy ($10M, 2025-09-24), Scimplifi ($40M, 2025-03-12), and Ethereal Machines ($13M, 2024-06-13). Mumbai is also repeatedly represented with Kusumgar ($23M, 2025-10-05), Lucro Plastecycle (undisclosed, 2025-03-21), and NDR InvIT ($75M, 2024-12-20).
How much of the dataset lacks stage/amount clarity, and does it affect comparisons?
11 of 50 rows list “undisclosed” amounts (e.g., Torus Robotics on 2025-08-26), and 9 of 50 list “Series Unknown” (e.g., Kusumgar on 2025-10-05). As a result, outlier and stage-mix conclusions rely more on the remaining rows with disclosed amounts and explicit stage labels.
Does the stage mix suggest earlier financing is more common than later financing here?
Seed shows up repeatedly among disclosed rounds, such as Astrogate Labs ($1M, 2025-02-28), Nabhdrishti Aerospace ($3M, 2025-03-26), and Basil ($430K, 2024-02-19). Larger disclosed checks are more frequently tied to later-stage labels like Series B and Series A, including Raphe mPhibr ($100M, Series B, 2025-06-25) and Scimplifi ($40M, Series B, 2025-03-12).
Are there smaller disclosed rounds that look like low-end outliers compared to the rest?
The smallest disclosed amount in the table is $260K for Make In The Box (Seed, 2025-02-25). Even within Seed examples, the low end is noticeable compared with other disclosed Seed checks like Atomgrid ($1M, 2024-05-08) and Basil ($430K, 2024-02-19).
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