PE-VC Fund Investments

Quick-commerce platform for building materials Fixxly raises $5.5-M from Accel, Fireside Ventures, L

Business Line  

Bengaluru-based Fixxly has raised USD 5.5 M in a seed funding round led by Accel, Fireside Ventures, and Lightspeed Venture Partners.Founded in 2026 by Shezan Bhojani and Sachith Varma, the company provides an AI-backed quick commerce platform for the building material industry. It offers delivery for products such as plywood, paint, electricals, lighting, hardware, and plumbing supplies with a promised 30-minute turnaround time.The company plans to use the new funds to strengthen its AI technology layer and scale its operations ahead of its official commercial launch scheduled for September 1, 2026. The platform will debut in Bengaluru before expanding to other cities.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.