Investment secured by CIMware, AMAMA, and Garaaz in their initial funding rounds
In the bustling startup landscape of India, three businesses have recently secured funding to fuel their growth and expansion plans. Among them, CIMware, a deep-tech startup based in Bengaluru, has raised the most attention with its significant Pre-Series A funding round.
CIMware, founded by Rajiv Ganth, has raised $2.3 million (Rs 19.7 crore) from Transition VC, a venture capital fund focused on energy transition. The funding will be used to expand hardware manufacturing, strengthen research and development, and prepare for the deployment of its flagship product, the Composable Infrastructure Module (CIM).
The CIM is a smart switch that converges compute, storage, and networking into a single rack-level unit, aiming to reduce data center space requirements, lower total cost of ownership, and cut power consumption by up to 80%. CIM is designed to support workloads such as artificial intelligence, machine learning, social media, and video streaming.
CIMware is gearing up for its first batch of 20 CIM units to be deployed in Indian data centers by December 2025. The company is also actively engaging in talks and exploring partnerships for pilot rollouts with data centers in South Korea, the UK, and the US. Its go-to-market strategy includes direct sales in India and the US, white-label deployments in Southeast Asia, and affiliate-driven expansion in Europe.
CIMware targets capturing 25% of its serviceable market and aims for $175 million in revenue by FY26–27, with plans to go public via an IPO in 5–6 years.
Meanwhile, Garaaz, a business-to-business (B2B) automotive spare parts aggregator, has raised Rs 4.55 crore ($0.5 million) in a seed round led by GVFL. The company, founded by Shaleen Agarwal, Sahil Rally, and Varun Agarwal in 2019, operates a SaaS-based platform to facilitate the distribution of automotive spare parts, connecting workshops to distributors of automobile spare parts for procurement of genuine spare parts.
Garaaz plans to use the funds to scale operations in new states, strengthen local distribution, partnerships, on-the-ground teams, invest in R&D, and build teams across technology, sales, marketing, and operations.
Jewellery brand AMAMA, founded by Nikita Gupta in 2019, has also secured funding. AMAMA has raised $1 million from Mistry Ventures, following its initial backing from She Capital Trust. The company plans to use the raised capital to strengthen its supply chain, tech infrastructure, scale operations, deepen its presence in key markets such as Delhi and Mumbai, expand its product and design teams, and accelerate both offline and online sales.
AMAMA is set to launch new stores in Mumbai, Ahmedabad, and two additional locations in the Delhi-NCR region. Despite the funding news, specific details about the funding amounts and strategic outlook for both AMAMA and Garaaz are yet to be disclosed publicly.
These three startups, CIMware, AMAMA, and Garaaz, are all in growth phases, with CIMware leading the way with its significant Pre-Series A funding and concrete production and expansion plans globally. The funding news for these startups was announced in early July 2025, possibly linked to VCCircle’s recent events, but further details would require additional sources or announcements.
CIMware, with its significant Pre-Series A funding, will utilize the raised funds to expand hardware manufacturing, strengthen research and development, and prepare for the deployment of its flagship product, the Composable Infrastructure Module (CIM), focusing on reducing data center space requirements, lowering total cost of ownership, and cutting power consumption by up to 80%.
Jewellery brand AMAMA, following its funding by Mistry Ventures, aims to strengthen its supply chain, tech infrastructure, scale operations, deepen its presence in key markets, expand its product and design teams, and accelerate both offline and online sales.
