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§ Private Profile · Gurgaon, Haryana, India
Embedded electronic systems manufacturer, designs and manufactures motor controllers and battery packs for EV OEMs.
IndiGrid Technology Pvt Ltd, based in Manesar (Gurugram), Haryana, and Goa, India, designs and manufactures embedded electronic systems, including PCB assemblies, motor controllers, and lithium-ion battery packs for electric vehicles and drones. The company provides electronics manufacturing services and high-volume SMT production, serving over 35 domestic and global OEM customers across automotive, consumer appliances, and industrial electronics sectors. IndiGrid Technology has raised INR 75 crore in Series A funding, including a recent INR 40 crore tranche, and operates three manufacturing facilities. Key innovations include AI/ML for battery optimization, IoT connectivity, and cloud testing to support its offerings. Lead investors include Cactus Partners, Valour Capital, ITI Growth Opportunities Fund, Vimson Group, and Global South Capital. IndiGrid Technology was founded in 2015 by Sameer Narang and Rishab Purias.
IndiGrid Technology has raised $454.4M across 4 funding rounds.
IndiGrid Technology has raised $454.4M in total across 4 funding rounds.
IndiGrid Technology is valued at approximately $127K.
IndiGrid Technology has raised $454.4M across 4 funding rounds. Most recently, it raised $441.0M Series A Extension in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 12, 2026 | $441M Series A Plus | Cactus Venture Partners | Global South Capital Fund I, ITI, Valour Capital, Vimson Group | Announced |
| Feb 12, 2026 | $4.4M Series A | Cactus Partners, Valour Capital | Global South Capital, ITI Growth Opportunities Fund, Vimson Group | Announced |
| Sep 9, 2025 | $4M Venture Round | Cactus Venture Partners | — | Announced |
| Jun 13, 2024 | $5M Venture Round | Amit Sharma | — | Announced |
IndiGrid Technology has raised $454.4M in total across 4 funding rounds.
IndiGrid Technology is valued at approximately $127K.
IndiGrid Technology's investors include Cactus Venture Partners, Global South Capital Fund I, ITI, Valour Capital, Vimson Group, Cactus Partners, Global South Capital, ITI Growth Opportunities Fund, Amit Sharma.