Yaanendriya has raised ₹15 crore from Piper Serica, its first institutional round after grant support from the Ministry of Heavy Industries, DST and the Government of Karnataka.
Valuation, stake, instrument, tranche structure and board rights were all left undisclosed, and no co-investors were named.
Reported FY26 revenue of ₹72 lakh across a claimed 20-plus customers averages under ₹4 lakh per account, consistent with evaluation orders rather than series production.
The FY27 target of ₹5.4 crore requires roughly ₹1.64 crore per quarter for the rest of the year, about three and a half times the ₹48 lakh recorded in Q1, and none of these figures come from filed…
Read the full story on StartupFox