Brandworks Technologies raises $7 Mn in Series A round led by Cactus Partners

Brandworks Technologies, a fast-growing electronics R&D and manufacturing company, has secured $7 million (₹61 crore) in its Series A funding round led by Cactus Partners (CPL). 

Gujarat Venture Finance Limited (GVFL), Legacy Assets and the Hira Group, also participated in this round.

The fresh funding will support expanding R&D centers, entering key global markets, investing in next-gen product platforms and scaling manufacturing with high-efficiency production lines. 

The company also plans to hire top engineering and operations talent to boost its innovation capabilities.

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“This fundraise is fuel for a much larger mission — to make Brandworks a global leader in electronics R&D and manufacturing. We’re here to prove that world-class innovation can be imagined, designed, and built in India, and delivered to the world,” said Ishwar Kumhar, co-founder at Brandworks Technologies.

“Electronics manufacturing as an industry is expected to grow at a healthy pace in the foreseeable future, thanks to the “Make in India” initiatives and changing supply chains and geopolitics. High quality and well-managed companies, such as Brandworks, are well poised to grow at a significantly faster pace than the industry. Brandworks has built the business in a very capital-efficient manner so far, and the capital infusion will further accelerate the growth curve. We look forward to working closely with the Brandworks team and support them with strategic resources in addition to capital,” said Amit Sharma, General Partner at Cactus Partners.

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About Brandworks Technologies

Founded in 2020 by Ishwar Kumhar and Nikita Kumawat, Brandworks develops next-gen electronics across AI hardware, IoT, advanced audio, charging tech, financial devices, surveillance systems, and renewable energy products. 

Partnering with top global chipmakers, it focuses on design excellence, manufacturing precision, and customer success. 

This marks Cactus Partners’ 11th investment from its maiden fund and third in manufacturing, after Lohum, Indigrid, Intangles, and Vitraya.