VC Fund Investments
Cloud-engg player Fabrication Bazar raises $3-M led by Physis Capital
Kolkata-based engineering startup Fabrication Bazar has raised USD 3 million in a pre-Series A round led by Physis Capital. The round also saw participation from Japanese venture capital fund ICMG Partners and existing investor Inflection Point Ventures.Fabrication Bazar is an asset-light, tech-enabled manufacturing platform specialising in industrial steel products. It claims to serve over 400 clients across sectors and is working to digitise its supply chain.The funds will be used to enhance the firm’s tech platform, expand its presence, hire leadership talent, and expand to the Middle East and Southeast Asia markets.
In August 2022, Fabrication Bazar had raised over INR 7 crore in a seed round led by Inflection Point Ventures.
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