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Magma

Magma is a tech enabled cross border B2B marketplace for building materials.
Technology  
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Basic Information
Ahmedabad based, Magma is a tech enabled cross border B2B marketplace for building materials. Magma, a platform for enabling cross-border B2B manufacturing and supply chains for construction materials, has raised its pre-seed funding of $515K with the help of WEH Ventures as the lead investor and participation from All in Capital, PointOne Capital, Angelist India, and renowned angel investors such as Revant Bhate (Man Matters), Subin Mitra, Pratik Tiwari (Groyyo) and others.
Headquarters
:
Ahmedabad, Gujarat, India
Founding Date
:
2021
No. of Employees
:
<10
Core Team
:
1.  
Neal Thakker
Founder & CEO
2.  
Ashish Jani
Chief Operating Officer
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Funding
Investors
:
1.  
WEH Ventures
Detail Round Breakdown
Round 1

$515k

Series Name
:
PRE-SEED
Date
:
22nd Aug 2022
Investors
:
1.  
WEH Ventures
2.  
PointOne Capital
3.  
Pratik Tiwary
4.  
Angelist

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