NowPurchase raised $6M in a funding round consisting of equity and debt led by Info Edge Ventures to expand into new regions and enhance its services.
Amount Raised
$6 Million
Round Type
Venture
KolkataManufacturingSoftwareInvestors
Description
NowPurchase, a SaaS-enabled marketplace for metal manufacturers, has raised $6 million in a funding round. The investment will be used to establish a network of scrap processing centers and develop AI-integrated solutions to improve its services.
Quick answer
NowPurchase raised $6 Million in a funding round, dated September 19, 2024. Investors: VC Grid, 100 Unicorns, Orios Ventures Partners and Info Edge Ventures. NowPurchase is based in Kolkata, West Bengal, India.
- How much did NowPurchase raise?
- NowPurchase raised $6 Million in a funding round on September 19, 2024.
- Who invested in NowPurchase?
- VC Grid, 100 Unicorns, Orios Ventures Partners and Info Edge Ventures are named as investors in this round.
- What does NowPurchase do?
- NowPurchase is currently focused on the $19B foundry and castings industry.
- Where is NowPurchase based and how big is it?
- NowPurchase is based in Kolkata, West Bengal, India.
- Who are the decision-makers at NowPurchase?
- Fundz holds 2 contacts at NowPurchase, including the VP - Finance & Accounts. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Software around the same time
Companies in the same sectors as NowPurchase that raised within 45 days of this round, from Fundz verified event records.
- Crusoe raised $500M (Funding Round) on October 31, 2024.
- Recyda raised $6.8M (Series A) on October 24, 2024.
- WarrCloud raised $20M (Series B) on October 22, 2024.
- Beeline Holdings raised $56M on October 7, 2024.
- SKYX Platforms raised $11M on October 4, 2024.
- AIRCO raised $69M (Series B) on September 18, 2024.
Who to call at NowPurchase, and when
A new round usually means NowPurchase is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day NowPurchase raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NowPurchase, from your own LinkedIn network
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Related People
NowPurchase raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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