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Microspin Machine Works

Microspin Machine Works
2011 FOUNDED
PRIVATE STATUS
Debt LATEST DEAL TYPE
$66.8K LATEST DEAL AMOUNT
1 INVESTORS
Description

Developer of a spinning technology intended to convert cotton into yarn. The company's platform manufactures machinery which can convert cotton into yarn in a manner that is about 100 times smaller than the scale at which it is done conventionally and has about 400-450 spindles capacity, enabling the textile industry to witness a structural change.

Ownership Status
Privately Held (backing)
Financing Status
Angel-Backed
Primary Industry
Machinery (B2B)
Other Industries
Other Textiles
Primary Office
  • 35, North Street
  • Ganga Nagar, Jafferkhanpet
  • Chennai, Tamil Nadu 600083
  • India

+91 098403 00000
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Microspin Machine Works Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Debt - General $66.8K 00000 Completed Generating Revenue
2. Angel (individual) 000.00 00000 Completed Generating Revenue
1. Accelerator/Incubator $35.1K $35.1K Completed Generating Revenue
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Microspin Machine Works Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
RTBI Accelerator/Incubator Minority 000 0000 000000 0

Microspin Machine Works Executive Team (1)

Name Title Board
Seat
Contact
Info
Lakshminarayan Kannan Chief Executive Officer, Director & Founder