Tech
B2B Manufacturing Startup Magma Bags Additional $3 Mn In Series A
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SUMMARY
The round was led by Capria Ventures and saw participation from Avinya Ventures, GVFL Ltd (the Gujarat government’s venture arm), and AVNM Ventures
GVFL and AVNM joined in the second tranche of this round by infusing $1.3 Mn and 0.5 Mn respectively
The funds will help the startups in its precision manufacturing offerings, scale its TerraMag industrial materials brand, and double down on Magma Green
B2B manufacturing startup Magma
has raised an additional $3 Mn (around…
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