Private Equity PE-VC Fund Investments
Bajaj Finserv invests in industrial materials marketplace NowPurchase
Source NowPurchase (opens in a new tab)Economic Times (opens in a new tab)
Financial services group Bajaj Finserv has made an investment in Kolkata-based industrial materials marketplace company NowPurchase .NowPurchase provides metal manufacturers a procurement solution for raw materials like metal scrap, alloys and additives.
Company website ↗ (opens in a new tab)
Between Nov-21 and Jul-24, NowPurchase had attracted about USD 8.4 M from PE-VC investors including Dholakia Ventures, Info Edge, Orios VP, UC Inclusive Credit, Others.For FY25, NowPurchase had reported about INR 330 Cr in Operating Income and about INR 6 Cr in Net Loss.