JD Cables Secures INR 5.2 Crore in Strategic Funding to Boost Working Capital and Drive Growth Founded in 2015 by Piyush Garodia, JD Cables operates across 12 states, including West Bengal, Assam, and Odisha, leveraging an ISO-approved state-of-the-art manufacturing facility equipped with advanced machinery

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

JD Cables, a prominent manufacturer of wires, cables, and conductors, has successfully raised INR 5.2 crore in a funding round led by Venturex Fund I, Finavenue Growth Fund, Ativir Financial Services Private Limited, Paradise Moon Investment Fund I, Ashok Kumar Pareek, Ajay Bhaskar, Darshan H Ringshia and other high-net-worth individuals (HNIs). This investment marks a pivotal milestone in the company's ongoing growth journey.

The company plans to primarily use these funds to strengthen its working capital, ensuring smooth operations. This investment will help JD Cables maintain its competitive edge in delivering high-quality products across diverse markets.

Founded in 2015 by Piyush Garodia, JD Cables operates across 12 states, including West Bengal, Assam, and Odisha, leveraging an ISO-approved state-of-the-art manufacturing facility equipped with advanced machinery. JD Cables proudly serves a wide range of reputed clients, including JAKSON, POLYCAB Wires & Cables, VIKRAN Engineering & Exim Pvt. Ltd., MONTECARLO, SB Infra Projects, BAJEL, Sterling and Wilson Pvt. Ltd., and Ashoka Buildcon Ltd.

GYR Capital Advisors acted as the exclusive financial advisor for this transaction.
Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Most Popular

See all
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

By Eve Gumpel
Branding

Creating a Brand: How To Build a Brand From Scratch

Every business needs good branding to succeed. Discover the basics and key tips to building a successful brand in this detailed guide.

By John Williams
Innovation

It's Time to Rethink Research and Development. Here's What Must Change.

R&D can't live in a lab anymore. Today's leaders fuse science, strategy, sustainability and people to turn discovery into real-world value.

By Anantha Desikan
Marketing

How to Better Manage Your Sales Process

Get your priorities in order, and watch sales roll in.

By Tony Parinello
Business News

AI Agents Can Help Businesses Be '10 Times More Productive,' According to a Nvidia VP. Here's What They Are and How Much They Cost.

In a new interview with Entrepreneur, Nvidia's Vice President of AI Software, Kari Briski, explains how AI agents will "transform" the way we work — and sooner than you think.

By Sherin Shibu
Starting a Business

Passion-Driven vs. Purpose-Driven Businesses — What's the Difference, and Why Does It Matter?

Passion and purpose are both powerful forces in entrepreneurship, but they are not the same.

By Athalia Monae