Mushin Innovation Labs has raised $250K in a Seed Series round led by Inflection Point Ventures. The funds will support its sales, marketing, R&D, and product innovation to strengthen its market presence and enhance its automotive manufacturing solutions. Through its flagship platform, Mushin AQUA, the company helps manufacturers optimize compliance and quality management, achieving up to 85% cost reduction.
Rachit Srivastava, Founder & CEO of Mushin is a B. Tech graduate in Electrical Engineering from Delhi Technological University. He is a product development and technology expert with experience at Philips India, where he contributed to IoT innovations such as Philips Hue and smart lighting systems for the Yamuna Expressway. He also holds a US patent for his work in IoT and has developed technologies for organizations like DRDO, ISRO, and NPCIL. Amman Batra, Co-founder & COO brings over 13 years of experience in the automotive manufacturing industry. A graduate in Mechanical Engineering from Florida Tech, USA, Amman has worked with top-tier companies like Maruti Suzuki as an ancillary supplier. He is a VSA & VSME certified professional and a Kaizen Award winner, having successfully led automotive factories with turnovers exceeding ₹50 Cr. Together, they aim to revolutionize audit and compliance management for Tier 1 and Tier 2 manufacturers.
Vikram Ramasubramaniam, Partner and CIO, Inflection Point Ventures says, “The automotive manufacturing industry has stringent compliance standards to follow while minimizing costs and maintaining top-notch quality. Many Tier 1 and Tier 2 manufacturers struggle to meet these demands efficiently due to fragmented processes and outdated systems. Mushin Innovation Labs addresses this challenge and streamlines compliance and enhances quality management in an accessible price range, making lives easier for tier 1 & 2 manufacturers. IPV believes Mushin is well-positioned for sustainable growth, making it a right investment choice.”
Mushin Innovation Labs leverages 40+ years of expertise to offer real-time audit automation solutions for automotive manufacturers, focusing on IATF, VDA, and ISO compliance. Their customizable platform streamlines operations and reduces costs by up to 85%, with AI/ML integration for paperless processes and predictive analytics. Operating both in India and globally, Mushin serves Tier 1 and Tier 2 manufacturers, driving digital transformation and sustainable growth in the automotive sector.
Mushin Innovation Labs, led by CEO Rachit Srivastava, is revolutionizing the automotive manufacturing industry with innovative digital solutions for compliance and quality enhancement. The company has rapidly expanded, partnering with 15 leading automotive brands and onboarding 70 factories in just two years. With a strong market presence, including active deployments and interest from global OEMs like Volkswagen and Aston Martin, Mushin operates in a Rs. 7 lakh crore annual market, with significant growth potential in the automotive sector.