Angel Investments
B2B ind products marketplace Pneucons attracts funding from Ather CEO Tarun Mehta, others
Ahmedabad-based Pneucons , a B2B industrial marketplace, has attracted funding from investors including Tarun Mehta, co-founder & CEO of Ather Energy.Founded in 2022 by Pritesh Lakhani, Pneucons is building an ONDC-like infrastructure serving SMEs and MSMEs in India’s industrial sector, Pneucons claims to address challenges such as credit defaults, opaque pricing, and the availability of genuine quality products.The new funding will be used to expand the team, focus on more cross-border transactions across engineering categories like fire safety, pneumatics and hydraulics, industrial automation, plastic & packaging, electric cables and products and power tools.
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