2022
Ahmedabad (India)
Series A
Magma is an integrated B2B manufacturing solutions provider . Operating at the intersection of manufacturing, technology, and sustainability, Magma serves as a critical partner for Indian factories, particularly in the ceramics, industrial chemicals, packaging, and sanitary ware sectors. The company has rapidly expanded its reach, now serving over 250 manufacturers across India and establishing a strong presence in key industrial hubs like Morbi.
Customized Raw Material Supply: High-grade, pre-processed raw materials tailored to industry needs.
Green Energy and Biomaterials: Sustainable energy solutions such as biomass, agrowaste, residue, and husk to power industrial operations.
Waste Management: Innovative recycling and waste-to-resource programs that promote circularity and reduce environmental impact.
End-to-End Logistics Management: Integrated logistics for seamless supply chain operations.
Technology Platform: Proprietary “Factory App” and “Supplier App” for one-click procurement, production optimization, global lead generation, and real-time supply chain visibility.
Magma’s vertically integrated, value-chain-first approach delivers consistency, control, and efficiency at scale. By combining raw materials, green energy, waste management, and logistics with advanced digital tools, Magma enables factories to:
Reduce procurement costs and improve yield
Accelerate capital rotation and working capital efficiency
Access global buyers and markets
Achieve sustainability and compliance goals
Direct Sales of Raw Materials and Energy: Primary income from supplying customized raw materials, green fuels, and biomaterials to factories.
Technology Platform Fees: Monetization of its proprietary apps and digital procurement solutions, including transaction fees and SaaS-based models.
Logistics and Supply Chain Services: Charges for integrated logistics management, including freight, warehousing, and last-mile delivery.
Waste Management Solutions: Revenue from recycling services and converting industrial waste into reusable resources.
Market Expansion: Aggressively expanding across India’s SME and large enterprise manufacturing sectors, with a focus on both demand and supply hubs.
Product Innovation: Continuous development of digital tools, AI-driven lead generation, and new green manufacturing solutions.
Backward Integration: Investing in captive facilities and R&D to deepen control over the supply chain and improve cost efficiency.
Strategic Partnerships: Building alliances with industry associations, large corporates, and government initiatives to scale adoption and influence policy.
Geographic Diversification: Strengthening presence in major industrial regions and exploring opportunities in export-oriented manufacturing.
Magma is a redefining industrial procurement and manufacturing enablement in India. Its integrated solutions, rapid growth, and commitment to sustainability make it a compelling partner for factories aiming to scale efficiently and compete globally. For investors and industry professionals, Magma represents a high-growth, high-impact opportunity in the evolving B2B manufacturing ecosystem.
$6.59 Million
3
$5 Million, Series A
as of April 16, 2025
$9.91 Million
as of February 8, 2023
1.50
as of February 8, 2023
General Catalyst
and 10 more107
JSW One MSME
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
April 16, 2025 | Series A | $5 Million | - | - | - | Capria, Avinya Ventures, General Catalyst, WEH Ventures , Accion |
February 8, 2023 | Seed | $3.3 Million | $9.91 Million | - | - | General Catalyst, Titan Capital, WEH Ventures, All In Capital, Accion |
June 24, 2022 | Seed | $3.3 Million | $9.9 Million | - | - | General Catalyst, Titan Capital, WEH Ventures, All In Capital, PointOne Capital, Amgele Family , Accion, Angel List, GTM Ventures, Alubutu, AL Advisors |