Venture Catalysts Leads INR 5 Cr Funding for Autocracy Machinery The Hyderabad-based startup aims to deploy the raised funds to improve its R&D skills as well as grow its production and marketing operations.

By Entrepreneur Staff

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

[L-R] Laxman Vallakati & Santhoshi Buddhiraju, Co-founders of Autocracy Machinery

Machine manufacturing startup Autocracy Machinery has announced the raising of INR 5 crore in a pre Series A round led by Venture Catalysts along with participation from Nikhil Jaisinghani, Bharat Jaisinghani and SFour Capital.

The money raised will be used to improve its R&D skills as well as grow its production and marketing operations.

Santhoshi Buddhiraju, CEO of Autocracy Machinery, said, "This investment will accelerate our efforts to revolutionise the heavy machinery industry with innovative, sustainable, and cost-effective solutions that cater to the unique requirements of the Indian market."

Founded in 2020 by Santhoshi Buddhiraju and Laxman Vallakati, Autocracy manufactures machines for construction, agriculture, and infrastructure purposes. The company offers a comprehensive range of products, including trenchers, landscaping machinery, agricultural attachments, and water body conservation machines like lake cleaners.

"We are driven by our commitment to design and manufacture world-class precision machinery and cost-effective attachments, in India. Our overarching mission is to play a pivotal role in establishing India as a global manufacturing and innovation powerhouse," added Buddhiraju.

The Hyderabad-based company exports its products to the Middle East and Africa. It claims to have machinery which has superior performance and is priced to ensure accessibility for both business and individual clientele.

Apoorva Ranjan Sharma, Co-founder, and Managing Director of Venture Catalysts, said, "Autocracy Machinery exemplifies the spirit of innovation that India needs to establish herself as a global manufacturing powerhouse. Their unwavering commitment to developing locally engineered solutions that meet the specific requirements of diverse industries is truly inspiring."
Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Most Popular

See all
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

By Eve Gumpel
Leadership

Leaders Aren't Judged on Effort — They're Judged on Their Judgment. Here's How to Sharpen Yours.

The higher you go, the less you know — and the more every call can define your career.

By Michel Koopman
Marketing

How Small Businesses Can Compete with Big Brands on Cyber Monday

Big brands may dominate the headlines, but small businesses have something they don't: speed, creativity and agility.

By Georgi Todorov
Starting a Business

Why You Don't Need to Be an Expert to Start Your Business

On this episode of "America's Favorite Mom and Pop Shops®," learn how understanding people — and listening to data — helped this entrepreneur with no professional cooking experience open Poppy's, a thriving café in Brooklyn.

By Jason Feifer
Growing a Business

How to Balance the Personal and Professional When Running a Family Business

Running a family business comes with many benefits, but it presents several unique challenges as well. Here's what you need to consider.

By Mike Feazel
Data & Recovery

6 Common Data Backup Mistakes That Established Businesses Make — and the Costly Consequences That Follow

Even established businesses with substantial IT budgets make critical backup mistakes that can cost millions in lost data and expose organizations to catastrophic failures.

By Chongwei Chen