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NowPurchase secures ₹80 crore (approximately $8.6 million) in funding led by Bajaj Finserv to enhance R&D, expand infrastructure, and scale its AI-powered MetalCloud platform.

PRIVATEApr 03, 2026

Amount Raised

₹800 Million

Round Type

Funding Round

KolkataManufacturingSoftware

Investors

Kartik HosanagarInfoEdge VenturesOrios Venture PartnersShikhar RajReal Ispat GroupMadhur GuptaVC GridBajaj Finserv

Description

NowPurchase, based in Kolkata, has raised ₹80 crore (approximately $8.6 million) in a recent funding round. Led by Bajaj Finserv, the round saw participation from notable investors including InfoEdge Ventures and Orios Venture Partners. The company plans to utilize the funds to enhance its R&D capabilities and expand its scrap recycling infrastructure. To date, NowPurchase has raised a total of approximately ₹120 crore in equity funding.

Quick answer

NowPurchase raised ₹800 Million in a Funding Round round, dated April 3, 2026. Investors: Kartik Hosanagar, InfoEdge Ventures, Orios Venture Partners, Shikhar Raj, Real Ispat Group, Madhur Gupta, VC Grid and Bajaj Finserv. NowPurchase is based in Kolkata, West Bengal, India.

How much did NowPurchase raise?
NowPurchase raised ₹800 Million in a Funding Round round on April 3, 2026.
Who invested in NowPurchase?
Kartik Hosanagar, InfoEdge Ventures, Orios Venture Partners, Shikhar Raj, Real Ispat Group, Madhur Gupta, VC Grid and Bajaj Finserv 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.

  • Xometry raised $50M (Post-IPO Equity) on May 6, 2026.
  • Lucid Group raised $550M (Series C) on May 1, 2026.
  • SKYX Platforms raised $187K (Series A) on April 30, 2026.
  • Liquid Instruments raised $50M (Series C) on April 28, 2026.
  • Pudu Robotics raised $150M (Funding Round) on April 23, 2026.
  • C-Infinity raised $16M (Funding Round) on April 22, 2026.

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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Company Information

Company

NowPurchase

Location

Kolkata, West Bengal, India

About

NowPurchase is currently focused on the $19B foundry and castings industry. The metal industry forms the backbone of the economy and the fundamental block of the physical world - be it transportation, construction and every machinery. We are building a rich, digital marketplace where Metal Manufacturers can procure high quality raw materials in a trusted manner. At the same time we are building the OS (Operating System) that will supercharge their productivity and processes to ultimately make procurement autonomous.

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

Related People

2 contacts
Verified contactsPrateek, VP - Finance & AccountsSee plans and pricing
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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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