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The funding round saw participation from Lightspeed, B Capital, Seaborne Capital, Beenext, Sparrow Capital and 2.2 Capital.
The deal comprises a mix of primary and secondary capital.
The fresh capital will help the startup to build its advanced precision-manufacturing capabilities, expand its engineering team, and establish its first state-of-the-art production facility.
Jitendra Gupta, founder, Jupiter Money, also invested in the round in his personal capacity.
In an exclusive conversation, Beenext's Anirudh Garg notes that India has been slightly late to many of the global trends, especially in physical AI, infrastructure, and application AI.
The funding round also saw participation from MUFG Bank, Beenext (an existing investor), along with several family offices and public-market investors.
