HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Fabrication Bazar Secures $3 Mn in Pre-Series A Funding Round

[Funding News] Fabrication Bazar Secures $3 Mn in Pre-Series A Funding Round

Fabrication Bazar’s founder, Ben & Gaws Private Limited, raised $3 million in pre-Series A funding from Physis Capital. Japanese venture capital firm ICMG and current investor Inflection Point Ventures participated.

The funds, which include debt, will be utilized to improve the tech infrastructure to support the company’s growth, expand geographically to GCC and SE Asia markets, and hire leadership.

Fabrication Bazar manufactures industrial steel products for over 400 clients across sectors using asset-light tech.

The business works with roughly 330 fabrication vendors across India to break products into several sections and process them simultaneously using its own manufacturing tech to increase production efficiency and delivery time.

Read also – SaaS Startup ACadru Secures $500K Funding Round from Direct LLC, others

Fabrication Bazar claims to have increased its vendor network and Indian client base in the past year. Some of the major GCC corporations have certified it as a vendor, and it is creating a vendor base in Vietnam to meet SEA demand.

About Fabrication Bazar

Founded in 2016 by Dwaipayan Dutta, Fabrication Bazar is a full-stack technology platform that drives demand from large corporates and manufactures industrial metal products (like dry bulk storage silos, liquid & biogas storage tanks, PEB and other structures, material handling equipment frames, fittings etc) in a lean way.

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