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Entrepreneur
2 days ago
- Business
- Entrepreneur
Brandworks Technologies Raises USD 7 Million
The funding will be used to expand and upgrade the company's R&D centres, establish partnerships in key international markets, develop next-generation product platforms, and scale manufacturing through new high-efficiency production line You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Brandworks Technologies, an electronics design-led manufacturing company, has raised USD 7 million (approximately INR 61 crore) in a Series A round led by Cactus Partners (CPL), with participation from Gujarat Venture Finance Limited (GVFL), Legacy Assets, and the Hira Group. The funding will be used to expand and upgrade the company's R&D centres, establish partnerships in key international markets, develop next-generation product platforms, and scale manufacturing through new high-efficiency production lines. The company also plans to strengthen its workforce by hiring additional engineering, design, and operations talent. "This fundraise is fuel for a much larger mission — to make Brandworks a global leader in electronics R&D and manufacturing," said Ishwar Kumhar, Co-founder of Brandworks Technologies. "We're here to prove that world-class innovation can be imagined, designed, and built in India, and delivered to the world." Co-founder Nikita Kumawat added, "We are truly delighted to partner with Cactus Partners. Their proactive support and thoughtful involvement have been instrumental for us. As a founder-focused fund with deep expertise in the sector, they bring invaluable insight and commitment to helping ventures like ours succeed." Amit Sharma, General Partner at Cactus Partners, said, "The way Ishwar and Nikita have built this business so far is truly commendable. The robust and consistent growth, while maintaining healthy economics, is a testament to their impeccable execution. Electronics manufacturing as an industry is expected to grow at a healthy pace in the foreseeable future, thanks to the 'Make in India' initiatives and changing supply chains and geopolitics. High-quality and well-managed companies such as Brandworks are well positioned to grow at a significantly faster pace than the industry." Brandworks works across AI hardware, IoT solutions, audio systems, charging technologies, financial devices, surveillance systems, and renewable energy products. It partners with global chip companies to co-create products with a focus on design excellence and manufacturing precision. This is CPL's eleventh investment from its maiden fund and third in the manufacturing sector. Previous investments include Lohum, Indigrid, Intangles, Kapture, Vitraya, AMPM, Auric, Parkmate, Ananant Systems, and Rubix (exited).
News18
2 days ago
- Business
- News18
Cactus Partners leads USD 7 mn funding round in Brandworks Technologies
Last Updated: New Delhi, Aug 12 (PTI) Venture capital firm Cactus Partners has led a USD 7 million (about Rs 61 crore) funding round in electronics design-led manufacturing company Brandworks Technologies, the investment firm said on Tuesday. The round also saw the participation from Gujarat Venture Finance Limited (GVFL), Legacy Assets, and the Hira Group. Brandworks plans to use the fund for expansion and upgradation of its research and development centres, build partnerships and customer relationships in key international markets, and invest in next-generation product platforms with an emphasis on performance, sustainability, and global standards. The company will also scale manufacturing through new high-efficiency production lines and strengthen its innovation engine by hiring top engineering, design, and operations talent, the statement said. 'Cactus Partners (CPL), an early-growth venture capital fund, has led a USD 7 million Series A round in Brandworks Technologies Pvt Ltd, one of India's fast-growing electronics design-led manufacturing companies that transforms ideas into market-ready products," the statement said. 'Electronics manufacturing as an industry is expected to grow at a healthy pace in the foreseeable future, thanks to the 'Make in India' initiatives and changing supply chains and geopolitics," Cactus Partners, general partner, Amit Sharma said. Brandworks Technologies provides solutions for AI hardware, IoT solutions, advanced audio systems, charging technologies, financial devices, surveillance systems, and renewable energy products. It also partners with leading global chip companies to co-create solutions with a focus on design excellence, manufacturing precision, and customer success. 'This fundraise is fuel for a much larger mission to make Brandworks a global leader in electronics R&D and manufacturing. We're here to prove that world-class innovation can be imagined, designed, and built in India, and delivered to the world," Brandworks Technologies Co-Founder Ishwar Kumhar said. PTI PRS DR DR view comments First Published: August 12, 2025, 13:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
