Mekr raises Rs 67 Cr Series A to scale electronics ODM for Croma, Wipro, Amazon Basics
Delhi-based Mekr Technologies, which designs and manufactures consumer electronics for 40+ brands including Croma, Wipro, Amazon Basics and Flipkart, has closed a Rs 67 crore Series A led by Avaana Capital with Titan Capital. Funds will go to R&D, automation, supplier localisation and export readiness in a Rs 40,000 Cr market.
What happened
Mekr Technologies, an ODM for consumer electronics supplying Croma, Wipro, Amazon Basics and Flipkart, raised Rs 67 crore Series A led by Avaana Capital with
Key facts
- Rs 67 crore
- 100+ SKUs
- 40+ brands
- Rs 40,000 crore market
Why this matters
Mekr's 40+ brand roster and fresh capital make it a credible roll-up anchor or strategic acquisition target for retailers seeking captive manufacturing or global ODMs entering India.