VC Fund Investments
B2B marketplace for construction materials Yojak raises $3.8 M from Info Edge Ventures, others
Gurugram-based Yojak, a B2B marketplace for building materials, has raised USD 3.8 million in a pre-series-A round led by Info Edge Ventures. The round also saw participation from existing investors Kae Capital and angel investor Arun Venkatachallam. Construction-focused global investor Foundamental, and the founders of B2B startups such as Zetwerk, MedikaBazaar, Bizongo and Blackbuck, as well as angel investors such as Anupam Mittal, Sanjiv Rangrass also participated in the round. The fresh funds will be used to build teams across tech and non-tech roles, develop new tech solutions and expand into new markets & categories. Founded in 2019, Yojak is a full stack platform for businesses in the building materials industry.
From the Venture Intelligence PE-VC Deal Database: In Aug-20, Yojak raised over INR 1.7 Cr from Kae Capital and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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