[Funding alert] Carbon-fiber startup Fabheads raises Rs 8 Cr in pre-Series A round led by Inflection Point Ventures yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Former
ISRO engineer turned entrepreneur Dhinesh Kanagaraj was always interested in the field of composite materials.’ During his three-year stint with the national space organisation, he was also pursuing and ideating along similar lines.
A graduate of IIT-Madras, Dhinesh, and IIT-Delhi alumnus Abhijeet Rathore met in ISRO in 2011, and worked on popular missions such as
GSLV Mk-III and Chandrayaan-II. After leaving his job at ISRO, Dhinesh along with his colleague Abhijeet launched
Chennai-based Fabheads Automation in 2015 for building automated solutions for fabricating composite products.
Abhijeet Rathore, Dhinesh Kanagaraj, and Akshay Ballal, Co-Founders of Fabheads Automation
[Image Credit: Fabheads]
They were joined by Akshay Ballal from BIT-Mesra, who started as an intern at Fabheads straight out of college, but later continued in the organisation full time, and is now the Chief Product Officer.