Industries 5.0 Startup Venttup raises seed funding from Unicorn India Ventures

Venttup, an Industries 5.0 startup focused on building a global network of scalable engineering and capacities with India at its epicentre, has raised an undisclosed amount in a seed funding round led by Unicorn India Ventures. 

The startup plans to use the raised capital to accelerate business growth and technology development for Indigenisation Program Management.

Who are the founders?

Founded by industry veterans with extensive experience at Hitachi Energy, Siemens, L&T, and Kalpataru Power, Sandeep Nair (Co-Founder and CEO), M. Wasim Ankli (Co-Founder and COO), and Joseph Panakkal (Co-Founder and CMO), Venttup aims to revolutionize the manufacturing landscape by uniting millions of manufacturing MSMEs on a single digital platform.

The startup said that by equipping these businesses with a resilient, sustainable supply chain, it boosts operational efficiency and champions environmental responsibility.

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Assisting large enterprises in outsourcing

Venttup assists large enterprises in outsourcing their engineering needs while enabling them to reduce their carbon footprint through cloud manufacturing and sustainable practices.

The startup offers localized production of critical engineering solutions and highly customized, complex components across the Energy, EV, Aerospace, and Defense sectors, driving India’s manufacturing industry toward self-reliance and sustainable growth.

"Venttup tackles a major manufacturing challenge by reducing reliance on imported components - by promoting the China Plus One strategy and aligning with government initiatives to increase local content in critical projects. This enables Venttup to offer a comprehensive resource pool for the end-to-end program management of component localization," said Sandeep Nair, Co-Founder & CEO of Venttup Ventures.

"We aim to create a single platform for global buyers to source quality, proven products from India, driving the country's transformation into a global manufacturing hub," Nair added.

Aiming to expand domestic footprint

Venttup aims to expand its domestic footprint by establishing operations across India while also positioning India as a premier sourcing hub for global buyers.

The startup plans to leverage India’s manufacturing capabilities to enter high-growth international markets, with a focus on the Middle East & Africa, Europe, and North America.

By executing this multi-pronged strategy, Venttup seeks to unlock new revenue streams, foster global partnerships, and solidify its position as a leading exporter of Indian-manufactured components, the release notes.

It recently launched GATE Process, a proprietary methodology mirroring Agile/Scrum principles, ensuring structured progress in component localization.

Venttup has introduced a range of sustainable products, including an Evaporative Cooling system tailored for industrial and commercial applications.

It has also launched an ESG advisory business aimed at empowering MSMEs to enhance their environmental, social, and governance initiatives, further driving sustainable growth and operational efficiency.

Targeting fivefold growth in revenue

Over the next 12 months, the startup aims to increase its revenue fivefold by building a high-performing team, attracting a diverse clientele, and expanding its reach into new markets.

On the clients front, Venttup aims to add 50 new customers to its platform.

“Venttup is addressing a major gap in the fragmented industrial B2B services market by building a scalable, transparent platform that redefines how India’s manufacturing sector operates. As India emerges as a $1 trillion manufacturing powerhouse, Venttup’s emphasis on predictable capacity utilization, traceability and localization delivers a much-needed solution for OEMs looking for reliable, long-term partners," said Bikram Mahajan, Partner, Unicorn India Ventures.