New Delhi, March 28 -- Bengaluru-based electronics designer and manufacturer, Indkal Technologies, is closing its next venture capital-backed funding round-raising $100 million by June this year.

Speaking with Mint, Anand Dubey, chief executive of Indkal Technologies, said that the company is close to finalizing its upcoming funding round, and before this it will also make its first product announcement as a design-led electronics manufacturing firm.

"We're currently in talks with marquee investors, including those with electronics-focused funds, to raise our next round of funding. We have multiple term sheets under consideration, with a little more than $100 million available for us to tap. Our existing investors will also be a part of...