Venttup Raises $3 Million in Pre-Series A Led by Rainmatter
Bengaluru's Venttup closes a pre-Series A round co-led by Rainmatter by Zerodha and Unicorn India Ventures.
Key Takeaways
- Venttup raised $3 million in a pre-Series A round.
- Rainmatter by Zerodha and Unicorn India Ventures co-led the round.
- Revenue reached Rs 10 crore in FY26, up fivefold since the 2024 seed round.
- The company added more than 15 blue-chip customers in 12 months.
- Funds go to engineering hires, manufacturing and prototyping infrastructure, and AI for B2B sourcing.
Venttup, a Bengaluru-based precision-manufacturing startup, has raised $3 million in a pre-Series A round. The round was led by Rainmatter by Zerodha and Unicorn India Ventures.
The startup helps businesses develop components, test them and move them into production through a network of manufacturing partners, mainly MSMEs. Its revenue reached Rs 10 crore in FY26, up fivefold since its 2024 seed round.
Venttup funding at a glance
| Detail | Venttup |
|---|---|
| Amount | $3 million |
| Round | Pre-Series A |
| Lead investors | Rainmatter by Zerodha and Unicorn India Ventures |
| Sector | Precision manufacturing and engineering |
| City | Bengaluru |
| Revenue | Rs 10 crore in FY26, up fivefold since the 2024 seed round |
| Business pipeline | About Rs 30 crore across new energy, mobility and smart infrastructure |
What Venttup does
It combines in-house engineering with a network of manufacturing partners, mainly MSMEs, to support component development, testing and production.
Its capabilities include precision machining, turning and sheet metal production. It operates across four verticals: energy transition and data centres; aerospace, defence and space systems; smart infrastructure and future mobility; and electronics, automation and smart manufacturing.
Venttup's journey from a 2024 seed round to a $3 million pre-Series A
| When | Milestone |
|---|---|
| Early days | Founded by Sandeep Nair, M. Wasim Ankli and Joseph Panakkal |
| 2024 | Seed round from Unicorn India Ventures, amount not disclosed |
| FY26 | Revenue reaches Rs 10 crore, up fivefold since the seed round |
| Past 12 months | Adds more than 15 blue-chip customers |
| October 2026 | Raises $3 million in a pre-Series A round co-led by Rainmatter by Zerodha and Unicorn India Ventures |
Sandeep Nair on the engineering skills India's manufacturing needs
"India’s next phase of manufacturing growth requires strong engineering capabilities"
What Venttup says it will do with the money
The company's funding announcement says the capital will fund engineering hires, precision manufacturing and rapid prototyping infrastructure, and AI adoption for B2B sourcing, supplier intelligence and operational efficiency. Venttup is also setting up a Bengaluru facility for precision machining, turning and sheet metal production for energy transition, defence, aerospace and space applications.
Where Venttup stands after its pre-Series A
Venttup was founded by Sandeep Nair, M. Wasim Ankli and Joseph Panakkal and is based in Bengaluru. It added more than 15 blue-chip customers over the past 12 months and has a business pipeline of about Rs 30 crore. The company said the new funding will help it expand its manufacturing capabilities and support customers from product development to production.
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