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Electronics systems design and manufacturing startup IndiGrid Technology has raised $4 million (about Rs 35.2 crore) as part of a strategic funding round from existing investor Cactus Partners.
The Gurugram-based company had previously raised $7.72 million from Cactus Partners.
The proceeds will be allocated towards expanding production capacity and offerings, enhancing automation, ramping up hiring and broadening presence both in India and other global markets, IndiGrid Technology said in a press release.
Co-founded in 2015 by Sameer Narang and Rishab…
