Electronics manufacturing platform Mekr has raised ₹67 crore in a Series A round led by Avaana Capital, with Titan Capital Winners Fund participating. The startup will invest in R&D, product engineering, proprietary tooling, supplier localisation, and manufacturing automation. Founded in 2022, Mekr operates an end-to-end digital ODM platform and targets global export readiness from its Sonipat facility.
Emcure Pharmaceuticals is accelerating domestic expansion while scaling R&D and manufacturing capacity. The company is also scouting acquisition opportunities both in India and abroad, aiming to add new products to fuel growth. A key driver is its partnership with Novo Nordisk for GLP-1 therapies, alongside a pipeline of complex injectables poised to support momentum ahead.
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Skoda Auto Volkswagen India has inaugurated a new 33,000 sq. ft. R&D wing at its Technology Centre Pune. The expansion is designed to position the facility as a global R&D hub, while improving localization for Indian needs and strengthening support for export markets. The group also expects the added capacity to accelerate automotive innovation.
Bengaluru deeptech startup Bettrlabs is digitising consumer product development through an AI-powered R&D operating system. It replicates lab workflows by reverse engineering existing products, analysing ingredient parameters, and running regulatory checks digitally. The company claims it can reduce timelines from up to seven months to 30–90 days, with 330 clients and plans to expand into the US and new categories.
IIT professors say high end corporate R&D roles are pulling demand toward IIT PhDs as companies look for advanced expertise. The shift is linked to IITs boosting in house R&D to create innovative, competitive products. Institutes including Kharagpur, Kanpur, Guwahati, Roorkee and BHU are seeing growing interest in specialized research careers.
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