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Founded
2022
Headquarters
Ahmedabad
Status
Series A
Company Details
Magma operates as an integrated industrial solutions provider focused on empowering Indian manufacturers. The company delivers end-to-end services including customized raw material sourcing and processing, waste recycling, green energy supplies, bio-materials, and logistics management.
Core Products & Services
Raw material sourcing and pre-processing for factories
Waste recycling and waste-to-resource conversion
Green energy and biomaterial supplies
Integrated logistics and supply chain management
Business Model & Revenue Streams
Vertically integrated B2B platform owning full value chain from procurement to delivery
Revenue from direct sales of raw materials, energy, and recycling services to manufacturers
Margins via efficient sourcing, in-house processing, and cost pass-throughs for profitability
Recurring touchpoints across inputs, energy, waste; ARR INR 250 Cr, targeting INR 1,000 Cr
Key People
N/A
Key Metrics
Total Equity Funding
$11.3Million
No. of Funding Rounds
7
Latest Funding Round
$3Million, Series A
as of December 18, 2025
Post Money Valuation
$28.6Million
as of May 2, 2025
Funding Multiple
-
as of N/A
Investors
General Catalyst
and 3 moreEmployee Count
122
Similar Companies
JSW One MSME
Exit Details
No Exits
All Funding Rounds
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| December 18, 2025 | Series A | $3Million | - | $31.2Million | - | Capria, Avinya Ventures, Gujarat Venture Finance, AVNM Ventures |
| July 22, 2025 | Series A | - | $28.6Million | $26.3Million | - | Gujarat Venture Finance |
| April 16, 2025 | Series A | $5Million | - | $23.4Million | - | Capria, Avinya Ventures, General Catalyst, Accion, WEH Ventures |
| January 6, 2023 | Seed | $2.82Million | $9.92Million | - | - | General Catalyst, Accion, Titan Capital, WEH Ventures, All In Capital |
| June 24, 2022 | Seed | $520K | $9.91Million | - | - | WEH Ventures, All In Capital, PointOne Capital, Angel List, Amgele Family, Alubutu, AL Advisors |