B2B engg services provider Venttup raises funding from Unicorn India Venture
Bengaluru-based B2B (business-to-business) engineering services startup Venttup Ventures , has raised funding from Unicorn India Ventures.Founded in 2021 by Sandeep Nair, M. Wasim Ankli and Joseph Panakkal, the startup provides sustainable and localised industrial B2B services to its clients, including Fortune 100 companies. The company assists large enterprises in outsourcing their engineering needs while enabling them to reduce their carbon footprint through cloud manufacturing and sustainable practices.The new funds will be used for accelerating growth and technology development for indigenisation programme management. The firm also aims to establish operations across India and leverage the country’s manufacturing capabilities to enter global markets in the Middle East and Africa, Europe and North America.
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