Fundz

Electrade raised an undisclosed amount in seed funding led by DeVC to enhance its AI-driven SaaS solutions and expand its team.

PRIVATENov 29, 2024

Round Type

Seed

New DelhiManufacturing

Investors

De VCPawan GuptaAmit LakhotiaArjun KapoorDevc

Description

Electrade, a SaaS-based vertical marketplace for electronics components, has secured seed funding with DeVC leading the round. The funds will be used for sales and marketing efforts, and team expansion, focusing on improving its offerings for customers and vendors.

Quick answer

Electrade raised an undisclosed amount in a Seed round, dated November 29, 2024. Investors: De VC, Pawan Gupta, Amit Lakhotia, Arjun Kapoor and Devc. Electrade is based in New Delhi, Delhi, India.

How much did Electrade raise?
Electrade raised an undisclosed amount in a Seed round on November 29, 2024.
Who invested in Electrade?
De VC, Pawan Gupta, Amit Lakhotia, Arjun Kapoor and Devc are named as investors in this round.
What does Electrade do?
Electrade was formerly known as Hatchnhack.
Where is Electrade based and how big is it?
Electrade is based in New Delhi, Delhi, India.
Who are the decision-makers at Electrade?
Fundz holds 1 contact at Electrade. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Electrade that raised within 45 days of this round, from Fundz verified event records.

  • TRUE linkswear raised $1.9M (Seed) on January 13, 2025.
  • Precision Aerospace & Defense Group raised $925K on January 13, 2025.
  • PHOTON IP raised $4.8M (Seed) on January 13, 2025.
  • Cornerstone Robotics raised $70M (Series C) on January 13, 2025.
  • Saluda Medical raised $100M (Funding Round) on January 11, 2025.
  • Zero Industrial raised $10M on January 10, 2025.

Who to call at Electrade, and when

A new round usually means Electrade is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Electrade raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Electrade, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Electrade. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Electrade

Location

New Delhi, Delhi, India

About

Electrade was formerly known as Hatchnhack. It is the go-to destination for B2B buyers seeking electronic components and semiconductors in India. As the fastest-growing authorized distributor of electronic components, we offer a vast selection of products from a huge number of manufacturers and vendors, making us a one-stop shop for all your electronic component needs. At Electrade, we pride ourselves on our customer-centric approach. Our team of experts is dedicated to providing exceptional customer service and personalized support to help you find the right components for your specific needs.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Electrade raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Electrade's next move

See what Strategic adds

Electrade raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.