NowPurchase Nets $6 Mn To Offer Tech-Led Procurement Solutions To Metal Manufacturers

NowPurchase Nets $6 Mn To Offer Tech-Led Procurement Solutions To Metal Manufacturers

SUMMARY

SaaS marketplace startup NowPurchase has secured $6 Mn in a mix of equity and debt infusion led by existing investor Info Edge Ventures

The company seeks to deploy the fresh proceeds for expansion and rolling out new solutions to better serve the metal manufacturing industry

As part of its expansion plans, it is looking to enter Punjab, Rajasthan and Tamil Nadu, on the back of growing opportunities in the manufacturing space

SaaS marketplace startup NowPurchase has secured $6 Mn (around INR 50 Cr) in a mix of equity and debt infusion led by existing investor Info Edge Ventures.

The round also saw participation from Orios Ventures Partners, 100 Unicorns, Venture Catalysts’ Grid, as well as family offices and angel investors such as Dholakia Ventures, Real Ispat Group, Subhrakant Panda, Ankur Warikoo, among others.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.