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HomeInsightFunding Alert Manufacturing Platform Karkhana.io Secures $6.3 Mn in Series A Round

[Funding alert] Manufacturing Platform Karkhana.io Secures $6.3 Mn in Series A Round

Arkam Ventures and Susquehanna Asia Venture Capital led the $6.3 million Series A round that Karkhana.io secured. Vertex Ventures Southeast Asia and India, an existing backer, also participated in the round.

Arkam Ventures and Susquehanna Asia Venture Capital led the $6.3 million Series A round that Karkhana.io secured. Vertex Ventures Southeast Asia and India, an existing backer, also participated in the round.

The money raised will go towards strengthening the electronics supply network, expanding into the US and Europe, and growing the base of suppliers.

Read also – [Funding alert] Warehouse Robotics Platform Accio Robotics Raises $1.8 Mn Pre-Series A Funding

Karkhana.io provides scalable and adaptable manufacturing services that include box-build, product localization, and small-to-large batch production.

In January 2021, Karkhana completed a seed round led by Vertex Ventures Southeast Asia & India, which raised around $1.5 million. Many angel investors took part in it as well.

Read also – D2C Platform 10club Appoints Kavitha Rao as COO & Cofounder

Based in Mumbai With one screen that gives businesses access to an ecosystem of pre-screened suppliers of any size, Karkhana.io’s online service streamlines and speeds up the process of sourcing, helping them conquer industrial constraints.

About Karkhana.io

With the aid of an expanding network of verified suppliers, Karkhana.io accelerates production for businesses looking to expand or localise operations in India.

Read also – [Funding alert] Foodtech Startup Slurrp Farm Secures $7.2 Mn Fresh Investment

Established in 2018, Karkhana.io aims to revolutionise the MSME manufacturing ecosystem in India by empowering suppliers via company expansion and digitalization.

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