BusinessMekr Technologies Raises ₹67 Crore to Boost Appliance Manufacturing
Mekr Technologies, a New Delhi-based full-stack appliance design and manufacturing company, raised ₹67 crore in a Series A round led by Avaana Capital. The funding will accelerate R&D, product development, supply chain localization, and global expansion. Mekr serves over 40 brands including Croma and Amazon Basics, aiming to strengthen India's domestic appliance ecosystem and reduce import dependence.
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