Arteria raises Rs 100 Cr in Series B round from ICICI Venture

Arteria Technologies, a Bengaluru-based company that offers supply chain software and embedded finance solutions, has raised ₹100 crore in Series B funding from ICICI Venture. 

The funds—through both primary and secondary investments—will help the company grow into new markets, hire more talent and boost its AI-driven product development.

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“This funding will play a key role in growing our team, entering new markets, and investing in AI-led product innovation,” said Sriram Kanuri, Chief Executive Officer of Arteria. “We are committed to using data intelligence to improve supply chain visibility for our enterprise clients and unlock easy, tech-enabled financing for supply chain partners.”

“Arteria’s fast-growing, profitable path as a software products SaaS company stands out in the Indian IT market,” said Sharad Malpani, Director at ICICI Venture and co-head of IVen Amplifi Fund, which led the round. “Its tech-focused, data-driven approach to digitising supply chains, combined with Arteria’s ability to integrate financing solutions from third parties seamlessly, offers a strong value proposition for many companies in India, especially in the MSME sector.”

About Arteria 

Founded in 2010, Arteria provides digital tools to help companies manage their supply chains more efficiently, from suppliers to end customers. It also offers built-in financing options to improve cash flow for suppliers and distributors. 

The company serves over 100 large businesses in sectors like FMCG, automotive, building materials and manufacturing.

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Mumbai-based ICICI Venture is a private equity firm founded in 1988 as a part of ICICI Bank. It focuses on investing in mid-sized businesses, providing growth capital to help them scale operations and strengthen their market presence.