Mekr Technologies raises Rs 67 crore to scale Indian appliances and cut import reliance

Funding targets automation and supplier localization

Consumer appliance startup Mekr Technologies has raised Rs 67 crore from Avaana Capital and Titan. The fresh funding will expand manufacturing capacity, boost exports, and accelerate indigenization to reduce import dependency. Mekr’s model partners with major brands while handling design, engineering, and assembly, with the money earmarked for R&D, supplier localization, and automation aimed at global markets.