Founded in 2019 by Saurav Kumar Singh and Nikhil Rawat, Elecbits provides a unified, end-to-end electronics engineering and manufacturing service through its AI-driven Elecbits XOR platform. The company integrates design, prototyping, manufacturing, quality control, and delivery under one roof, addressing long-standing industry issues such as fragmented supply chains and slow time-to-market. Its customer base exceeds 200 firms, including Panasonic, Schneider Electric, Maruti Suzuki, OLA, and Valeo. By combining digital design tools with in-house manufacturing capabilities, Elecbits aims to reduce product development cycles from months to days. The startup positions itself as a “Made in India, for the World” solution and a key beneficiary of the global “China+1” supply-chain rebalancing trend. With fresh capital, it plans to scale its platform, expand engineering talent, and build additional manufacturing infrastructure. Investors highlight the company’s potential to make India globally competitive in electronics design and production.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2025