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Autocracy Machinery raises Rs 5 crore in a seed round led by Venture Catalysts and others to enhance research and development capabilities and expand manufacturing and marketing footprint.

PRIVATEJun 27, 2024

Amount Raised

₹50 Million

Round Type

Seed

HyderabadManufacturing

Investors

S Four CapitalBharat JaisinghaniNikhil JaisinghaniVenture Catalysts

Description

Hyderabad-based machine manufacturing startup Autocracy Machinery has raised Rs 5 crore in a seed round led by Venture Catalysts, with participation from Nikhil Jaisinghani, Bharat Jaisinghani, and SFour Capital. The funding will be allocated towards enhancing its research and development capabilities, and expanding its manufacturing and marketing footprint.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Autocracy Machinery that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • ADEM Technologies raised $1.3M (Seed) on August 9, 2024.
  • Powerdot raised $180M (Debt Financing) on August 9, 2024.
  • Xtant Medical Holdings raised $5M on August 9, 2024.
  • Planeteers raised an undisclosed amount (Seed) on August 8, 2024.
  • VSParticle raised $7.1M (Series A) on August 8, 2024.

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Company Information

Company

Autocracy Machinery

Location

Hyderabad, Telangana, India

About

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. We have a relentless focus on delivering real impact by providing safer, faster and bespoke solutions to our customers. Our machines are currently used in some of the largest trenching projects in India, for laying cables, drainage and irrigation pipes. We partner with construction companies, contractors, farmers and individuals to provide customized machines and attachments to meet their needs. We have a dedicated in-house research and development team to design & build cutting-edge products and optimize performance using modern and innovative technologies / materials. We are driven by our vision to build indigenously designed world class machines and attachments, and in this process, make India a global manufacturing and innovation hub.

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Autocracy Machinery raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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