Mekr Raises INR 5.8 Crore In Seed Funding The fund raised will be utilized in strengthening sales, supply chain, tech and project management team and working capital requirements

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Mekr, one stop source for electronics product manufacturing, has raised INR 5.8 crore in Seed funding led by Titan Capital and Better Capital. The funding round also witnessed participation from 2AM VC. The fund raised will utilized in strengthening sales, supply chain, tech and project management team and working capital requirements.

"People often have a pre-conceived notion that it is not possible to beat China product costings. However, this is not true in reality. At Mekr, for all our projects, we have been able to match China pricing while delivering great product quality and a seamless manufacturing experience," said Gaurang Kuchhal, co-founder and CEO, Mekr.

As per company statement, Mekr is currently working for many leading organizations across industries ranging from EV, fintech, telecom, IOT, agritech and home appliance industries to fulfil their hardware product manufacturing requirements. The company has a complete ecosystem for electronic product manufacturing like facilities for manufacturing of plastics, PCBAs, Metal, China sourcing and strong R&D team.

"Today electronics import comes second only after oil in India. It is very surprising that we have so much dependence on imports for electronics. India can make most of its due to its favorable conditions like manpower-talent, electricity rate, land availability, domestic market size and government policies and support. Companies like Mekr will be pivotal in strengthening the Indian manufacturing ecosystem and making most of the manufacturing wave," said Bipin Shah, partner, Titan Capital.

Mekr works with its network of manufacturing partners, works on integration of different parts like software, plastics, electronics seamlessly delivers complete product to the customer. Having experienced the manufacturing challenges first hand, they realized the difficulties in taking proof of concept projects to mass manufacture real products which are used by consumers.

"Mekr is building Aatmanirbhar manufacturing platform of India to empower domestic product companies of all sizes with quality, scaling and price economics to compete with global competitors for the domestic as well as global markets. We are fortunate enough to be the founding stage partner for Mekr, as the team build an important piece of the puzzle for leapfrogging Indian companies towards manufacturing leadership," said Vaibhav Domkundwar, Better Capital.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.

Related Topics


A Guide to Effective Crisis Leadership — Key Steps to Lead Your Team Through Turbulent Times

The essential strategies and skills required to be a successful crisis leader and guide your organization through difficult times.

Growing a Business

Want to Sound Smarter? This Stanford Professor's Simple 3-Point Technique Will Help

With a little structure, you can impress audiences with your ad-libbing all day.


Get This 4-in-1 USB-C Charger for Apple Devices for $19.99

Get this useful, lightweight charger for a great price (regularly $29).

Personal Finance

5 Entrepreneurial Mindset Principles That Empower Financial Literacy

Adopting the right mindset is key to financial literacy. Follow these five guiding principles to enhance your understanding of wealth creation and growth.


Survival Kit for Solopreneurs: 5 AI Tools to Maximize Productivity

The entrepreneurial journey is not a straightforward one. Rather it requires the founder to don multiple hats for marketing, sales, ideation, content curation, and raising funds. Solopreneurs of today are being molded to lead the businesses of tomorrow. And they do require some helping hands in the form of artificial intelligence.

News and Trends

Zeron Secures $500,000 In Seed Funding

The infusion of capital will be used towards fueling Zeron's ongoing research and development initiatives, advancing the frontiers of AI-powered cybersecurity, and expanding its global presence