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Autocracy Machinery Raises $1.2 Million Funding In Seed Round Led By Venture Catalysts

Autocracy Machinery Raises $1.2 Million Funding In Seed Round Led By Venture Catalysts
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Autocracy Machinery raises USD 1.2 million funding in seed round led by Venture Catalysts

Founded in 2020 by IITian Santhoshi Buddhiraju and serial entrepreneur Laxman Vallakati, Autocracy caters to multiple sectors such as agriculture, telecommunications, landscaping, irrigation, civil engineering and infrastructural development. Presently, India imports heavy-duty machinery that is not optimised for the Indian use case. Imports result in cost escalation and often cause significant down-times due to a fractured consumables supply chain and an untimely maintenance regime.

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Construction machinery startup raises $1.2 m

Construction machinery startup raises $1.2 m
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Autocracy Machinery raises $1.2m in seed round - The Hindu BusinessLine

Autocracy Machinery raises $1.2m in seed round - The Hindu BusinessLine
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