Arkam Ventures is expanding its investment focus to include manufacturing and electric vehicles (EVs) alongside fintech, skilling, software-as-a-service, logistics, and food agriculture. The firm launched a $180 million second fund last year, aiming to support digitization across various sectors. One of its recent investments is in Karkhana.io, a custom manufacturing platform, reflecting the growing need for transparency and quality in manufacturing through technology. With the challenges of long gestation periods and entry barriers, manufacturing startups require perseverance to prove product-market fit. However, the sector is promising, fueled by investor interest and factors like rising domestic demand and the ‘China Plus One’ strategy. Digital platforms are seen as crucial in addressing challenges faced by small manufacturing businesses, particularly in sourcing demand, accessing capital, and optimizing capacity utilization.