Tuesday, December 12, 2023
HomeInsightFunding Alert India Index Secures $500,000 In Pre-Seed Funding

[Funding alert] India Index Secures $500,000 In Pre-Seed Funding

[Funding alert] India Index Secures $500,000 In Pre-Seed Funding

The India Index LLC (India Index) has raised $500,000 in pre-seed fundraising from a group of private investors from the United States and India.

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The pre-Seed investment round was attended by key investors such as JSW Group, Motherson Group, Westminster Capital, and other private investors, as per reported by Entrepreneur.com.

“With India Index, we are committed to increasing visibility, connectivity and commercial activity between U.S. buyers and Indian suppliers. With the funds, we are building capacities to optimize the platform, going beyond search, evaluation, document review and workflow management solutions. Our new tools will allow U.S. buyers to conduct transaction and logistics services on platform, completing the supply chain journey all in one place. We are a digital infrastructure company, facilitating trade between the world and India at scale,” said Samir Kapadia, founder and CEO, India Index.

India Index is a cloud-based tool that helps international buyers and Indian suppliers find, filter, and vet supply chain partners quickly and cheaply.

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“The economic relationship between the United States and India holds unlimited promise for improving livelihoods and propelling long-term growth in both countries. Samir Kapadia’s work to draw our industries closer than ever before is important, and India Index provides the chance for U.S. firms to connect with Indian partners that seek to build sustainable ties with markets across the Indo-Pacific,” said The Honorable Atul KeshapPresident, U.S.-India Business Council, U.S. Chamber of Commerce and former Principal Deputy Assistant Secretary of State for the Bureau of East Asian and Pacific Affairs.

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About India Index

India Index is a cloud-based application that enables international buyers and Indian suppliers to seamlessly and cost-effectively search, filtering, and validate supply chain partners.

Indian Index makes it simple to source in India. There will be no more difficult classifieds or cold calls. So you can focus on what they do best, they vet and rate the best Indian suppliers across all main sectors.

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