Manufacturing startups shine at CeBIT, seek funds

Date: October 31, 2015 Published by

  • However, one common fundamental pain point highlighted by the manufacturing startups is lack of funding and venture capital enthusiasm for manufacturing startups India.
  • Nearly 20 manufacturing startups are showcasing their wares at CeBIT with support from STPI.

  • Like any manufacturer, manufacturing startups have to bear the expenses of power, machines, building and others to name a few.
  • “Everybody brags and exaggerates funding for software and e-commerce startups while ignoring manufacturing and hardware startups.
  • The heart and soul of aMake in India’ and ‘Digital India’ is manufacturing… just check how much of funding trickled down to manufacturing startups,” questioned a hardware startup founder who did not wish to identify himself.