Quintrans raises $750,000 to set up an in-house manufacturing, advanced testing facility in Pune

Deeptech engineering startup Quintrans has raised $750,000 in a pre-Seed funding round led by venture capital fund Capital-A.

The round also saw participation from Sumeet Kabra of RR Global, SanchiConnect, AIC-Pinnacle and other strategic partners, alongside ecosystem support from existing partner IIMA Ventures.

Founded by four young engineers from MIT Pune, Pranay Luniya, Kartik Kulkarni, Aniruddha Atigre, and Prasanna Kadambi, Quintrans is developing advanced electromagnetic and electromechanical linear motion components that enable frictionless movement, high-speed performance and micron-level precision.

The startup will use the raised capital to establish an in-house manufacturing and advanced testing facility in Pune, accelerate R&D across electromagnetic actuation, and build the core engineering and operations team required for commercial rollout.

Quintrans saod India manufactured and sold roughly 6.8 million actuators in FY2022, a figure expected to cross 10–11 million units by FY 2026, driven by automotive, industrial automation, HVAC and marine applications. The startup further said it targets of producing nearly half a million actuators annually by 2030.

Pranay Luniya, Founder & CEO, Quintrans, said, “At Quintrans, our aim is simple: to build dependable linear motion systems here in India that industries can trust. We are taking an engineering-first approach, developing the hardware and control electronics in-house so customers get a complete, integrated solution. With this funding, we can advance our development work, set up our manufacturing lines, and take the next steps towards commercial readiness. We’re grateful to Capital-A for backing a deeptech problem that requires patience and conviction.”

Ankit Kedia, Founder and Lead Investor, Capital-A, said, “Industries across the world depend on reliable motion systems, yet this space has seen limited innovation from emerging markets. Quintrans is one of the first young teams in India to approach this problem with both technical depth and practical understanding. Their early progress shows clear potential for commercial use, and we believe they are well positioned to become a credible supplier in a segment historically dominated by global players.”

Quintrans is part of MaXcel, the hardware and industrial technology accelerator run by Capital-A and SanchiConnect, supporting startups building engineering-led manufacturing solutions.

Capital-A invests in hardware, deeptech and climatetech startups. The firm is currently deploying capital from its Rs 400 crore Fund II. It has invested in more than 20 startups, including Matchlog, Tan90, Agrileaf and Manastu.