Web Analytics

3 Latest Announced Rounds

$312.57M Raised in 34 Funding Rounds in the past 7 Days - View All

Funding Round Profile

NowPurchase

start up
India - Kolkata, West Bengal
  • 19/01/2022
  • Seed
  • $2,400,000

NowPurchase is currently focused on the $19B foundry and castings industry. The metal industry forms the backbone of the economy and the fundamental block of the physical world - be it transportation, construction and every machinery.

We are building a rich, digital marketplace where Metal Manufacturers can procure high quality raw materials in a trusted manner. At the same time we are building the OS (Operating System) that will supercharge their productivity and processes to ultimately make procurement autonomous.

We provide foundries with:
1. Smart: Proprietary software to optimize production process
2. Reliable: Complete ownership as a supplier. Reliable & strict quality check and inspection.
3. Transparent: Real time stock and price availability through our WhatsApp Bot.
We deal with all core production inputs like Ferro Alloys, Additives, Nodularizers, Scrap & Pig Iron among others.

We are backed by Orios Venture Partners, InfoEdge Ventures, and the Nipha Group.

We are a compelling, creative, and mission-driven organization that believes in having fun while building something bigger than itself. If you are excited about reimagining the future of metal manufacturing and procurement in our country, and would like to join us, please check our open positions at https://nowpurchase.notion.site/nowpurchase/Join-us-NowPurchase-bb37eb8f73444aef96bfd48b626bbbad


Related People

Naman ShahFounder

Naman Shah India - Kolkata, West Bengal,

NowPurchase is transforming the 140B$ Metal Manufacturing industry. Our goal is to be the preferred procurement partner for over 10k metal manufacturers across the country by 2027.

Strong believer that technology could create efficiencies & empower businesses & individuals. Last decade has seen huge amount of innovation on the consumer side with companies like Swiggy, Flipkart, MakeMyTrip & so on. Businesses still do not have the right tools & access which could make them more efficient & successful.

My goal is to build an enduring company where people enjoy great amount of autonomy, work life balance & growth. We are a team of ~50 people and hiring across roles.

-Strong believer in building the startup story out of Calcutta
-Leading YUVA as a part of Young Indians Kolkata
-Actively working with Kolkata Katalysts to improve rural & semi urban health infrastructure

Best way to reach me is my email: naman@nowpurchase.com