Fabrication Bazar Raises $3M in Pre-Series A Funding
Summary
Fabrication Bazar, a New Delhi, India-based provider of an asset-light tech enabled manufacturing platform, raised $3M in Pre-Seed funding. The company intends to use the funds to ramp up geographic presence to regions outside India especially GCC and SE Asia markets, and for leadership team hiring. Founded by Dwaipayan Dutta (CEO) and Ankur Gupta (CTO), Fabrication Bazar is an asset-light tech enabled manufacturing platform for industrial steel products catering to 400+ clients across sectors. It is also working to digitize its supply chain, providing a platform that centralizes overall management from procurement to quality control and logistics, thereby optimizing the highly unused capacity of 1.5 million+ MSME fabrication vendors in India. Fabrication Bazar has a 400+ client base consisting of large MNCs across diversified sectors such as EPC, Manufacturing, FMCG, Pharmaceutical, Energy, Petrochemicals, Oil & Gas, Ethanol, Food & Beverage, Packaging, Metals, Manufacturing and more.