Mekr Technologies
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Rapido's $240M raise at $3B valuation lifts weekly Indian VC inflow to $323M across 22 deals
India's startup funding window for May 9-15, 2026 closed at $323M across 22 transactions, anchored by Rapido's $240M round at a $3B valuation. Consumer plays drew material capital: Wingreens (Rs 120 cr), Dil Foods (Rs 72 cr, backed by Bikaji Foods Family Office), and Mekr Technologies (Rs 67 cr).
YourStory · 5/15/2026, 2:47:02 PM
Rapido's $240M raise drives India VC inflow to $323M across 22 deals
Indian startups pulled in $323M across 22 deals during May 9-15, with Rapido's $240M round accounting for nearly three-quarters of the weekly tally. Consumer plays drew meaningful cheques: Wingreens (Rs 120cr), virtual-restaurant operator Dil Foods (Rs 72cr, backed by Bikaji Family Office), and electronics maker Mekr (Rs 67cr).
YourStory · Capital · 5/15/2026, 2:47:00 PM
Mekr Lands ₹67 Cr Series A to Power India's Private-Label Appliance Push
Delhi-based ODM Mekr Technologies raised ₹67 crore led by Avaana Capital with Titan Capital Winners Fund. Capital targets R&D, tooling and supplier localisation across 100+ SKUs for 40+ brands including Croma, Wipro and Amazon Basics, chasing a ₹40,000 crore appliance market growing 7-9% CAGR.
Outlook Business · 5/14/2026, 1:28:36 AM