Capital 2B leads funding in Leumas and other India deals worth $310m

Capital 2B leads funding in Leumas and other India deals worth $310m

Deeptech manufacturing startup Leumas has raised $2.2 million in its seed funding round led by Capital 2B, a deeptech-focused fund backed by Info Edge and Temasek, per a company announcement.

The funding round also saw participation from Capital-A and Anicut Capital, the startup said in a statement.

Leumas, which builds software-driven robot factories for the wellness and pharma sectors, will use the funds to expand R&D capabilities, scale its on-demand manufacturing infrastructure, and launch pilot deployments of dedicated factories for wellness and pharma brands.

“Pharma and wellness brands today need more than just capacity. They need agility, traceability, and the ability to scale without being restricted by outdated infrastructure,” said Subhajit Biswas and Nitesh K, co-founders of Leumas. “We are building a modern manufacturing stack that functions like software: modular, distributed, and intelligent. This funding will help us strengthen the technologies and capabilities that make on-demand manufacturing possible at scale.”

Over the past year, Leumas claims to have co-developed its manufacturing solution with leading wellness brands and has helped scale more than 120 products across India, the US, and MENA. It has also signed agreements with prominent pharma and food research institutions to build dedicated factory capacities using its modular factory solution.

INDIA DEAL MONITOR

Here are the prominent venture capital transactions in India announced from June 10-15, 2025.

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StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)IndustryVerticals
LeumasBengaluru2,200,000SeedCapital 2BCapital-A, Anicut CapitalIndustrial MachineryRobotics & Drones
RepelloBengaluru1,200,000Seed-Venture Highway (acquired by General Catalyst), pi Ventures, Entrepreneur First, and angel investors including Charles Songhurst (Board Member, Meta), Vivek Raghavan (CEO, Sarvam.ai), Satya Vyas (CEO, Project Hero)IT SeccurityCybersecurity
GrowwBengaluru200,000,000Series FGIC, ICONIQ Cappital-Financial ServicesFintech
Pehle JaisaGurugram300,000Pre-Series APantnagar Capital, Climate Angels-AgribusinessAgtech
PlutoPeGurugram500,000Pre-SeedManit Gupta-Financial ServicesBlockchain
FlexiLoansMumbai44,000,000Series CFundamentum, Accion Digital Transformation, Nuveen, Maj InvestBritish International Investment (BII)Financial ServicesFintech Lending
Wow! MomoKolkata10,000,000DebtStride Ventures-FoodE-commerce
Garuda AerospaceChennai1,000,000Series BNarotam Sekhsaria Family Office, We Founder Circle-AerospaceSpacetech
Knest ManufacturersPune35,000,000Private EquityLighthouse Funds-Construction-
PistonKolkata7,500,000SeedSpark CapitalPear VC, BONDFinancial ServicesFintech
PowerUp MoneyBengaluru7,100,000SeedAccel, Blume Ventures, Kae Capital8i Venture, DeVCFinancial ServicesFintech
IOM BioworksBengaluru465,116SeedInflection Point Ventures-BiotechnologyBiotech
KisahKolkata1,520,000Pre-Series ASagar Daryani, founder of Wow! MomoApoorv Salarpuria, Rahul Todi, Vinod Dugar, Inflection Point VenturesRetailE-commerce
MachaxiBengaluru1,500,000-RainmatterPrakash PadukoneTravel & LeisureeSports

Edited by: Joymitra Rai

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