Indigrid Technology Secures Rs 40 Cr, Closes Funding Round at Rs 75 Cr

• Indigrid Technology raised an additional Rs 40 crore, completing its extended Series A funding round at Rs 75 crore.
• The funding was led by Cactus Partners and Valour Capital, with participation from ITI Growth Opportunities Fund, Vimson Group, and Global South Capital.
• The Gurugram-headquartered company plans to use the capital to scale up capacity at its Manesar and Goa manufacturing facilities.
• Funds will also be allocated to enhance technology, process capabilities, and explore strategic acquisitions.
• Indigrid Technology serves over 35 customers in automotive, consumer, and industrial electronics across EMS, ESDM, and ODM sectors.