VC Fund Investments

Green building materials maker GreenFortune raises $1-M from Incubate Fund, others

BW Online  

Hyderabad-based Traumbuild AndesInfra Solutions, which owns the window and door systems brand GreenFortune, has attracted USD 1.04 million in a seed funding round led by Incubate Fund India. The round also saw participation from Titan Capital, Partners Fund Japan, Superb Capital and Varun Alagh, the founder of MamaEarth. GreenFortune's PartnerGate app empowers fabricators by providing holistic support through the lead conversion, order execution and warranty process. This application integrates Design, Bill of Materials (BOM) estimation & Costing, Procurement and Quotation generation seamlessly. The new capital will be utilised to fuel geographic expansion, novel product development and further technological enablement. The company also aims to expand its channel partner network from 50 to 300 by year-end.

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