[Funding alert] YantraLive raises $1 mn seed funding led by GrowthStory, others

B2B platform for Heavy Equipment Owners, YantraLive has raised $1 million (over Rs 7 crore) in a seed round led by GrowthStory & Bigbasket co-founder Vipul Parekh.

YantraLive is an Asia-based B2B platform for Heavy Equipment Owners. They are redefining heavy equipment ownership by building industry-first solutions to trade pre-owned equipment, helping owners maintain their equipment by supplying the right parts and services on time.

YantraLive was conceived in 2018 in response to the inefficiencies observed in the Heavy Equipment Ownership throughout its lifecycle. Their mission is to Eliminate the Downtime & Idle time of Heavy Equipment through technology-led Innovations and build an ecosystem for heavy equipment-related solutions.

​They have the world's largest part catalog powered by Artificial Intelligence and Data Mining. Yantralive is the Technology Disruption in Parts Supply Chain for Heavy Engineering Industries.