November 6, 2026
Funding Fusion News

Zerodha’s Rainmatter, Unicorn India Ventures invest $3 million in precision manufacturing startup Venttup

  • October 30, 2026
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Bengaluru-based manufacturing startup Venttup has raised $3 million in a pre-Collection A funding spherical co-led by Rainmatter, the investment arm of Zerodha, and Unicorn India Ventures. The startup,


Bengaluru-based manufacturing startup Venttup has raised $3 million in a pre-Collection A funding spherical co-led by Rainmatter, the investment arm of Zerodha, and Unicorn India Ventures.

The startup, which describes itself as an “Industries 5.0” startup, was incubated at Kerala Startup Mission (KSUM).

Venttup makes essential and precision elements and subassemblies for industrial prospects, and mentioned its income grew fivefold to Rs 10 crore in FY26.

The startup mentioned it is going to use the capital to broaden its engineering group, spend money on precision manufacturing and speedy prototyping infrastructure, and undertake AI to enhance B2B sourcing, provider intelligence and operational effectivity.

A big a part of that could be a new manufacturing facility in Bengaluru. It is going to deal with precision machining, turning and sheet steel manufacturing for vitality transition, defence, aerospace and house purposes.

The startup mentioned the power ought to shorten the time it takes a element to go from improvement and validation to manufacturing readiness and mass manufacturing.

“India’s subsequent section of producing development requires robust engineering capabilities that may translate complicated necessities into validated, production-ready elements. At Venttup, we’re constructing an engineering-first manufacturing firm that brings collectively design standardisation, speedy prototyping, testing and scalable manufacturing by means of India’s succesful MSME ecosystem,” mentioned Sandeep Nair, co-founder and CEO of Venttup.

He mentioned the spherical would assist the startup serve each rising deeptech firms and established OEMs, and construct provide chains for essential sectors underneath its mission of “India for India, India for the World”.

What Venttup does

Venttup was based in 2022 by Sandeep Nair, M. Wasim Ankli and Joseph Panakkal. Ankli is COO and Panakkal is CMO. The founders have earlier labored at firms together with Hitachi Power, Siemens Power, L&T and Kalpataru Energy.

The startup runs on a Manufacturing as a Service (MaaS) mannequin. A buyer that wants a component brings the requirement, and Venttup handles engineering design, specification standardisation, speedy prototyping, testing, validation and contract manufacturing.

Its work covers precision machining, casting and forging, sheet steel fabrication, field builds, particular goal machines, industrial automation and robotics. It combines in-house engineering with a community of MSME manufacturing companions moderately than producing all the things itself.

It additionally provides reverse engineering and indigenisation companies, which contain growing domestically manufactured options to imported elements.

Development because the seed spherical

Venttup raised an undisclosed seed round from Unicorn India Ventures in September 2024. On the time, it reported annual recurring income of Rs 2 crore and an order pipeline of Rs 20 crore, and mentioned it aimed to develop income fivefold inside 12 months.

It now experiences Rs 10 crore in income for FY26. Over the previous 12 months, it has added greater than 15 giant firms as prospects and constructed a enterprise alternative pipeline of round Rs 30 crore throughout new vitality, mobility and sensible infrastructure.

The startup plans to develop throughout 4 verticals: vitality transition and information centres; aerospace, defence and house techniques; sensible infrastructure and future mobility; and electronics, automation and sensible manufacturing.

Abhinav Singh Negi, who leads local weather and deeptech at Rainmatter, mentioned the agency’s personal portfolio pointed to the hole Venttup fills.

“Once we spoke to our current portfolio firms about their execution challenges, we persistently realized how tough it’s for {hardware} startups to search out dependable companions who can handle the transition from validation to manufacturing,” Negi mentioned.

“On the similar time, the push for indigenisation throughout essential sectors is unlocking a large wave of commercial demand that merely did not exist earlier than,” he added.

Rainmatter invests in fintech, local weather, well being and media, and writes cheques between Rs 50 lakh and Rs 100 crore per firm, in keeping with its web site.

Bhaskar Majumdar, managing associate at Unicorn India Ventures, mentioned the agency has been invested in Venttup because the seed spherical.

“We’ve seen the velocity at which the corporate is rising. This prompted us to co-lead this spherical with Rainmatter as we imagine that as a pure play deep tech investor, we’re the best companions for Venttup to assist them scale,” Majumdar mentioned.

“Precision manufacturing as a phase goes to expertise explosive development because the deep tech ecosystem matures,” he added.

Unicorn India Ventures mentioned it manages a mixed corpus of Rs 2,600 crore throughout 4 funds, together with the Rs 1,000 crore IITM Frontier Fund co-managed with IIT Madras. Its portfolio contains Genrobotics, EyeROV, Netrasemi and OrbitAID.

The MSME angle

Venttup’s mannequin is determined by India’s small producers. In a whitepaper it launched on the Kerala Innovation Pageant in Kochi in July 2025, the startup mentioned MSMEs contribute 45% of India’s exports however usually lack the challenge administration capabilities that world patrons want.

The identical paper put India’s plane element market at $29.5 billion by 2033, and famous that India spends about 0.7% of GDP on analysis and improvement, towards 2.4% for China.