Machine Maker

India’s consumer electronics manufacturing ecosystem is getting a major boost as MEKR Technologies secures ₹67 crore in Series A funding led by Avaana Capital.

Founded in 2022 by Anand Yadav and Gaurang Kuchhal, Mekr is building a full-stack design and manufacturing platform for consumer appliances with a strong focus on modular engineering, advanced manufacturing and supply chain localisation.

The company has already developed 100-plus SKUs and partnered with leading brands, including Croma, Wipro, Amazon Basics and Flipkart.

Vikas Verma, Partner at Avaana Capital, said “ Mekr is building foundational engineering and unlocking manufacturing capabilities that directly address India’s structural reliance on imported appliance components ”

Anand Yadav, Co-founder of Mekr, added “ We believe India is at the beginning of a major manufacturing transformation and Mekr is building the integrated engineering and supply chain platform needed to enable this shift at scale ”

The fresh funding will support R&D, product engineering, manufacturing automation, supplier localisation, and global market expansion as Mekr aims to strengthen India’s position in global electronics manufacturing.

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