CapGrid funding, investors and company details
CapGrid is an emerging Logistics startup from Gurugram, working in the space of Supply Chain & Procurement Solutions. Founded by Tiwari, Himanshu Singh Raghuvanshi.
- Company: CAPGRID Solutions Private Limited
- Sector: Logistics
- Location: Gurugram
- Founders: Tiwari, Himanshu Singh Raghuvanshi
- Total funding raised: ₹100.95 Cr
Company overview
CapGrid Solutions, founded in 2020, provides direct material sourcing and procurement solutions for automotive OEMs and tier‑1 suppliers, connecting them with partnered suppliers for precision parts and components. Originally focused on the automotive sector, the company has expanded into consumer durables, which now contribute nearly half of its revenue. Operating 11 fulfillment centers and collaborating with 50 strategic manufacturing partners, CapGrid generated around Rs 99 crore in revenue last year and aims to reach Rs 220 crore in FY25, with plans to achieve profitability next year.
Funding rounds
- Latest round: $ 5.00 Mn (₹43.74 Cr.), 2025-02-12. Investors: Anicut Capital, Nexus Venture Partners, Axilor Ventures
- Past round (Series A): $ 7.00 Mn (₹57.22 Cr.), 2023-01-30. Investors: Anicut Capital, Axilor Ventures