Autocracy Machinery, a startup specializing in machine manufacture, has successfully secured Rs 5 crore in a seed funding round. The funding was led by Venture Catalysts, with additional participation from Nikhil Jaisinghani, Bharat Jaisinghani, and SFour Capital.
The funds will be used to improve its research and development skills, as well as to extend its manufacturing and marketing efforts.
In 2023, the company situated in Hyderabad successfully obtained $1.2 million in funding from Venture Catalysts, Z Nation Lab, Hem Angels, and other investors.
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Autocracy produces machinery for the construction, agriculture, and infrastructure sectors. The company provides an extensive assortment of items, such as trenchers, landscape machinery, agricultural attachments, and water body conservation machines, such as lake cleaners.
Autocracy exports its products to the Middle East and Africa. The company asserts that its machinery exhibits exceptional performance and is priced to guarantee affordability for both corporate and individual customers.
About Autocracy Machinery
Founded in 2020 by Santhoshi Buddhiraju and Laxman Vallakati, Autocracy Machinery is India’s leading manufacturer of specialty construction, agricultural, and infrastructure machinery and attachments. Our machines can be customized to deliver the right machine for the right job.
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