Indigrid raises $4 mn to boost EV, electronics expansion
Indigrid Technology, an ESDM startup focused on EV components, has raised $4 million from Cactus Partners at a ₹600 crore valuation. The funds will expand production, automate manufacturing, and strengthen talent acquisition. With FY25 revenues of ₹108.5 crore and ambitious targets of ₹350–380 crore in FY26, Indigrid aims to emerge as a global Make-in-India electronics leader.