# Indigrid Technology Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/indigrid-technology-pvt

- Industry: Electronics
- Headquarters: Gurugram, India
- Website: www.indigridtechnology.com
- Total disclosed funding: $13M
- Latest round: Series A (Feb 12, 2026)
- Investors on record: 5

## About

Founded in 2016 by co-founder Rishab Puri and Sameer Narang, and based in Gurgaon, India, Indigrid Technology Pvt. Ltd. operates as a manufacturer of lithium-ion battery packs for electric vehicles. In February 2026, Indigrid Technology Pvt. Ltd. raised INR 400 million in Series A funding led by Cactus Partners, with participation from Valour Capital, ITI Growth Opportunities, Vimson Group, and Global South Capital. The round was part of larger INR 752 million in Series A funding. The company offers technology and infrastructure for EV adoption. Its portfolio includes EV solution that incorporates a wide range of products IGT red, IGT BLU, swap stations, EV electronics, and many others. Additionally, the firm also provides Electronic System Design and Manufacturing (ESDM) services that include product design, product realization, lifecycle management, PCB assembly, and many more. The company plans to use the funding from February 2026 to expand manufacturing capacity, improve research and development capabilities, support working capital requirements, and explore integration opportunities across the value chain.

## Funding rounds

- Series A, Feb 12, 2026, $4.4M — ITI Growth Opportunities, Vimson Group, Cactus Partners, Valour Capital, Global South Capital
- Series A, Sep 9, 2025, $4M — Cactus Partners
- Series A, May 17, 2024, $4.8M — Cactus Partners

## Investors

- Cactus Partners (https://capitalatlas.ai/funds/cactus-partners) — Series A
- ITI Growth Opportunities (https://capitalatlas.ai/funds/iti-growth-opportunities) — Series A
- Vimson Group — Series A
- Valour Capital — Series A
- Global South Capital (https://capitalatlas.ai/funds/global-south-capital) — Series A