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Magma
A tech enabled cross border B2B marketplace for building materials
About Magma
Magma Factory operates as a B2B manufacturing platform, facilitating factories in accessing global demand and procuring quality raw materials. The company serves manufacturers looking to expand their business reach and improve supply chain efficiency. Operating in the manufacturing sector, Magma Factory leverages its platform to connect buyers and suppliers, offering features like global buyer recommendations and order tracking. The business model revolves around providing a comprehensive solution for manufacturers to streamline operations and enhance market presence. Revenue is generated through platform subscriptions and transaction fees. The company has secured $3.3M in funding led by General Catalyst, underscoring its growth potential and market relevance.
Source: Dealroom company dataAt a glance
- Founded
- 2021
- Headquarters
- Ahmedabad, India
- Sector
- eCommerce & Marketplaces
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed15 investors entered at this stage
WEH Ventures
Pawan Gupta
Abhishek Sharma
PointOne Capital- SMSubin Mitra
- PTPratik Tiwari
- RBRevant Bhate
All In Capital
Angel List India
General Catalyst
Srinivas Anumolu
Accion
Varun Alagh
Titan Capital
Aayush Phumbhra
Series A4 investors entered at this stage
Capria Ventures
Avinya Ventures
GVFL- SRSanjiv Rangrass
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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