About Manufacturing Tech sector in India
The Manufacturing Tech sector in India comprises 951 companies, including 189 funded companies having collectively raised $2.01B in venture capital money and private equity. Out of these, 55 are Series A+ funded, and 2 have achieved unicorn status.
Manufacturing Tech sector in India has seen 17 acquisitions and 1 IPO.
This sector includes companies providing software solutions that assist manufacturers throughout the manufacturing value chain. From product design, prototyping, simulation, production analysis, monitoring, and equipment maintenance, etc. Also, include companies that offer robots/automated machines for handling manufacturing operations.
Manufacturing Tech sector is also known as Industrial Software, Factory Automation Software, Industrial Automation Software, Computer Integrated Manufacturing or Industrial Tech.
Companies included in Manufacturing Tech
PLM suites, CAD, engineering analysis solutions, manufacturing execution solutions, process control software, asset maintenance, EHS tools, and robots for manufacturingCompanies excluded in Manufacturing Tech
Consulting companies, resellers, service providers, and hardware companies including 3D printers. Outbound logistics from Supply Chain software are not included. Generic business intelligence and workforce management solutions which do not have manufacturing companies as their primary customer base are not included. Solutions for mining, packaging, and construction sectors are also excluded.Top Manufacturing Tech Companies in India
There are more than 951 companies in Manufacturing Tech in India. Fashinza is the top Manufacturing Tech company in India, ranked using Tracxn Score (what's this?).
Here are 5 of the top Manufacturing Tech companies in India:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Platform offering AI-enabled production solutions for the fashion industry | Gurugram (India) | 2020 | Series B | $82.6M | |
Provider of AI-powered predictive maintenance solutions for industrial equipment reliability | Alpharetta (United States) | 2015 | Series C | $68.7M | |
Platform offering technology-enabled fashion manufacturing solutions | Gurugram (India) | 2023 | Series A | $21.5M | |
Tech interfaced procurement marketplace for metal manufacturers | Kolkata (India) | 2017 | Series B | $17.2M | |
Online retailer of TMT, steel HR coil, and cement products | Mumbai (India) | 2020 | Series B | $91.6M |
Companies founded year-on-year in the Manufacturing Tech sector in India
2 new startups have been founded so far in 2026 in the Manufacturing Tech sector in India. 84 Manufacturing Tech startups in India were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 2 |
2025 | 17 |
2024 | 34 |
2023 | 46 |
2022 | 51 |
2021 | 55 |
2020 | 79 |
2019 | 84 |
2018 | 67 |
2017 | 65 |
Stage-wise distribution of Manufacturing Tech sector companies in India
Out of the total 951 Manufacturing Tech companies in India, 189 have secured funding. Among them, 55 have reached Series A or higher, and 27 to Series B or beyond.
Founded - 951
Funded - 189
Series A+ - 55
Series B+ - 27
Series C+ - 21
Company Stage | No. of companies |
|---|---|
Founded | 951 |
Funded | 189 |
Series A+ | 55 |
Series B+ | 27 |
Series C+ | 21 |
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Funding Trends in the Manufacturing Tech sector in India
Total funding year-on-year in the Manufacturing Tech sector in India
The Manufacturing Tech sector in India saw a total funding of more than $1.96B in the last 10 years. The most amount of funding was in 2021 at more than $703M. There has been a total funding of $82.2M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $82.2M |
2025 | $251M |
2024 | $218M |
2023 | $294M |
2022 | $225M |
2021 | $703M |
2020 | $62.8M |
2019 | $89.3M |
2018 | $30.1M |
2017 | $4.68M |
Recent Funding Rounds in Manufacturing Tech in India
In the year 2026, till April 2026, Manufacturing Tech companies in India have raised $82.2M in equity funding across 10 rounds.
In the same period last year (i.e. till April 2025), Manufacturing Tech companies in India had raised $85M across 15 rounds.
So, 2026 has seen a 3.24% drop in funding in Manufacturing Tech companies in India as compared to 2025.
Here are some recent, important funding rounds in Manufacturing Tech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 2641 | Apr 16, 2026 | ||
Seed | 3982 | Apr 16, 2026 | ||
Series A | 9062 | Mar 27, 2026 | ||
Series F | 5455 | Mar 26, 2026 | ||
Angel | 8119 | Mar 25, 2026 |
Top Investors in Manufacturing Tech in India
Accel is the top investor in Manufacturing Tech companies in India based on number of companies invested.
Here are some top investors in Manufacturing Tech companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Palo Alto (United States) | ||
London (United Kingdom) | ||
Bengaluru (India) | ||
Menlo Park (United States) | ||
Cambridge (United States) |
M&A activity in Manufacturing Tech sector in India
In the year 2026, till April 2026, 1 acquisition happened in Manufacturing Tech sector in India. Last year, in 2025, a total of 4 acquisitions happened in Manufacturing Tech sector in India.
Here are some recent, important acquisitions in Manufacturing Tech sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Apr 09, 2026 | ||
Business Acquisition | Nov 05, 2025 | ||
Business Acquisition | Nov 2025 | ||
Business Acquisition | Jul 03, 2025 | ||
Business Acquisition | Mar 25, 2025 |
_1581573916606.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Acquisition trends in Manufacturing Tech sector in India
Here are the acquisition trends in Manufacturing Tech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 4 |
2024 | - |
2023 | 2 |
2022 | 1 |
2021 | 3 |
2020 | - |
2019 | 3 |
2018 | 1 |
2017 | - |
IPOs in Manufacturing Tech in India
In the year 2018, till March 2018, 1 IPO happened in Manufacturing Tech sector in India.
Here are some recent, important IPOs in Manufacturing Tech sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Mar 22, 2018 | National Stock Exchange (NSE) |
Colleges which produce the most Manufacturing Tech companies in India
Companies founded by alumni from top colleges in the Manufacturing Tech in India
Most number of Manufacturing Tech startups in India have been founded by alumni from BITS Pilani, IIT Madras and IIT Bombay.
College | No. of companies |
|---|---|
BITS Pilani | 15 |
IIT Madras | 15 |
IIT Bombay | 10 |
IIT Roorkee | 10 |
Indian School of Business | 10 |
IIT Kanpur | 9 |
IIT Kharagpur | 8 |
IIT Delhi | 7 |
IIM Ahmedabad | 6 |
Anna University | 5 |
Total funding in Manufacturing Tech companies founded by alumni from top colleges in India
In the last 10 years, IIT Madras graduates' Manufacturing Tech companies in India have raised the most funding among top colleges. University of California (Berkeley) and IIT Roorkee alumni are second.
College | Total Funding |
|---|---|
IIT Madras | $1.21B |
University of California (Berkeley) | $1.12B |
IIT Roorkee | $1.12B |
IIT Kharagpur | $1.06B |
Haas School of Business | $1.05B |
IIT Delhi | $175M |
IIM Ahmedabad | $44.6M |
University of Delhi | $43.5M |
Cornell University | $23.9M |
IIT Bombay | $21.4M |
Top News in Manufacturing Tech in India
•
Kae Capital's maiden fund gains from Porter & HealthKart exitsLivemint•Nov 11, 2025•RecommerceX, HealthKart, CertaSite, Foxtale and 11 others
•
Eternal Robotics Wins Maruti Suzuki Innovation Challenge at T-Hub for Advanced Robotics Solution
Press Trust of India•Jul 30, 2025•Eternal Robotics
•
Eternal Robotics Triumphs at HYSEA 10X Product Awards 2025
Eternal Robotics•Jul 28, 2025•Eternal Robotics
•
•
•
•
•
•
ZETWERK strengthens leadership team to drive electronics manufacturingDataquest•Jan 27, 2025•Zetwerk
•
