Autocracy Machinery is a machine manufacturing startup that secured Rs 5 crore in a seed funding  round led by Venture Catalysts. The funding round saw participation from SFour Capital, Bharat  Jaisinghani, and Nikhil Jaisinghani. The company previously secured a $1.2 million fund from venture  catalysts, Hem Angels, and Z Nation Lab.  

The startup plans to use this fresh capital to scale up its structure & manufacturing operations,  enhance its R&D department, develop market presence, and enhance its technologies. Autocracy  develops machines for agriculture, construction, and infrastructure purposes. The company offers  other machines including trenchers, agriculture attachments, and landscaping machinery. The startup  has a huge network and it exports machines in the Middle East and Africa. Autocracy Machinery claims  to offer affordable and best-performing types of machinery. The machines are priced to ensure their  accessibility to both individual clients and businesses. Before this seed funding round, the startup had  a valuation of $5.94 million. 

The company is a specialty manufacturer of agricultural, construction, and infrastructure machines.  The firm also offers customized machinery options to its clients. The company serves in B2B and B2C  marketplace, food & agriculture, manufacturing market, and industrial goods segment. This machine  manufacturing startup plans to expand its network across the country with the funding amount raised.  This deal and investment by Venture Catalysts show the trust of the company in Autocracy Machinery’s  market potential and business model. 

The startup manufactures machines and offers various manufacturing solutions that are structured to  reduce environmental hazards. This investment will help the company to strengthen its market  presence while developing more innovative manufacturing solutions. Autocracy competes with other  machine manufacturing companies including iQippo, 36Spares, Eqpt.in, PaperEkart, Arkihive,  Irontread, Every machinery and Metal 26. 

CONCLUSION: 

Machine manufacturing startup Autocracy Machinery secured Rs 5 crore in its seed funding round  from Venture Catalysts. The funding round had participation from 14 other investors including SFour  Capital, Bharat Jaisinghani, and Nikhil Jaisinghani. Autocracy Machinery collaborates with other  construction companies, farmers, and farmers to develop customized machines and attachments  according to their needs. The company aims to become a global innovation and manufacturing hub for  machines. The startup plans to use this fresh capital to scale up its structure & manufacturing  operations, enhance its R&D department, develop market presence, and enhance its technologies.  Autocracy develops machines for agriculture, construction, and infrastructure purposes. The startup  has a huge network and it exports machines in the Middle East and Africa.

Autocracy Machinery claims to offer affordable and best-performing types of machinery. The company is a specialty manufacturer  of agricultural, construction, and infrastructure machines. This machine manufacturing startup plans  to expand its network across the country with the funding amount raised. This deal and investment by  Venture Catalysts show the trust of the company in Autocracy Machinery’s market potential and  business model. Before this seed funding round, the startup reported a valuation of 5.94 million USD.