CosmicTaco
CosmicTaco

NowPurchase raises $6 Mn led by Info Edge Ventures, others

  • NowPurchase, a marketplace for metal manufacturers, raised $6 million in equity and debt led by Info Edge Ventures.
  • Investors include Orios Ventures Partners, 100 Unicorns, VC Grid, and notable family offices and angel investors.
  • Total funds raised by NowPurchase now stand at $10 million, aimed at expansion and new solutions.
  • Funds will support scrap processing centers, private labels, and AI integration in MetalCloud.
  • Founded in 2017, NowPurchase serves over 250 factories with its MetalCloud platform and real-time WhatsApp bot.

Source: Entrackr

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4mo ago
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SquishyQuokka
SquishyQuokka

Amazing. Good to see funding getting back in the scene

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