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Karkhana.io Raises $6.3 Million in Series A Led by Arkam Ventures and Susquehanna Asia VC

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Karkhana.io, a custom manufacturing platform, has secured $6.3 million in Series A funding led by Arkam Ventures and Susquehanna Asia Venture Capital, with support from existing investor Vertex Ventures Southeast Asia and India. The funding infusion aims to enhance the company's supplier network, build an electronics supply chain, and facilitate expansion across the United States and Europe.

"Our investors' confidence validates our dedication to transforming manufacturing through technology, offering adaptable and scalable solutions. We aim to make a substantial impact in high-growth sectors, meeting increasing demands and propelling Karkhana.io to redefine India's manufacturing industry landscape", highlighted Sonam Motwani, CEO, and Founder of Karkhana.io.

Karkhana.io's technology-centric platform serves original equipment manufacturers (OEMs) and technology firms by providing sourcing and contract manufacturing solutions. The company collaborates with OEMs in sectors such as electric vehicles, medical equipment, consumer electronics, and aerospace, utilizing its network of manufacturing Micro, Small, and Medium Enterprises (MSMEs) in India.

Bala Srinivasa, Managing Director at Arkam Ventures, mentioned, "With a surge in both domestic and international demand from OEMs, many small suppliers lack the resources to tap into new orders, promote their capabilities, and optimize their capacity. We were drawn to Karkhana.io's robust team, which offers a unique technology platform addressing these challenges while introducing a much-needed level of trust and quality".