Mekr Technologies, founded in 2022 by Anand Yadav and Gaurang Kuchhal, has successfully raised ₹67 crore in its Series A funding round, led by Avaana Capital. The company focuses on creating a comprehensive design, engineering, and manufacturing platform tailored for India's domestic appliance market. With this funding, Mekr aims to bolster its investments in research and development, product engineering, and supplier localisation, while also enhancing manufacturing automation and quality systems. Anand Yadav emphasized that India is on the verge of a significant manufacturing transformation, and Mekr is poised to facilitate this shift with its integrated engineering and supply chain platform. The small home appliances market in India, projected to exceed ₹40,000 crore and growing at a 7–9% CAGR, remains largely dependent on imports. Mekr's approach combines modular design with efficient manufacturing workflows, enabling faster product development for both local and global markets. As global supply chains evolve, Mekr is establishing a robust model for resilient and competitive appliance manufacturing in India.