Tech Company Financing Transactions
NowPurchase Funding Round
On 4/3/2026, NowPurchase secured $8.6 million in funding from GRID Ventures, InfoEdge Ventures and private investors.
Transaction Overview
Company Name
Announced On
4/3/2026
Transaction Type
Venture Equity
Amount
$8,600,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to enhance its R&D capabilities, expand scrap recycling infrastructure, strengthen product offerings, and scale its AI-powered MetalCloud platform.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Kariwala Towers, 2nd Floor, J1-5, EP Block, Sector V, Bidhan
Kolkata, West Bengal, 700091
India
Kolkata, West Bengal, 700091
India
Phone
Website
Email Address
Overview
NowPurchase provides a trusted & transparent procurement solution for high-quality raw materials like metal scrap, alloys, & additives, empowering metal manufacturers to streamline operations & improve efficiency. The platform is supported by a WhatsApp bot for real-time price & stock discovery, alongside a dedicated team offering on-ground service & quality assurance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Aakash Shah
Founder
Naman Shah
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We do our best to document every notable VC transaction. All VC database entries on this site are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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