ofScale

ofScale

Platform offering distribution-as-a-service for brands and retailers

Founded

2023

Headquarters

Bengaluru (India)

Status

Seed

Company Details

Website

Socials

Email

Phone

+91-8591436681

ofScale is a company operating in the industrial procurement and supply chain tech space. It’s solving one of the most frustrating problems manufacturers face daily—how to source materials reliably without wasting hours on phone calls, spreadsheets, and chasing vendors. India’s manufacturing sector is massive, worth over $250 billion, yet so much of it still runs on outdated procurement methods. Smaller manufacturers often don’t have dedicated sourcing teams. Larger players might have them, but even they struggle with vendor inconsistency and price volatility. ofScale steps in, offering a smarter, smoother way to get things done. The company works with small, medium, and large-scale manufacturers.

Core Products and Services

  • The Managed Marketplace: ofScale’s main offering is a managed procurement platform. At first glance, you might think it’s just a sourcing tool. But it’s more than that. It’s a layer of reliability on top of your current setup.
  • Real-Time Control Without the Mess: Most small and mid-sized businesses struggle with one thing: visibility. Orders get delayed, vendors go silent, or prices jump without notice. ofScale gives manufacturers real-time tracking, better planning tools, and automated paperwork.
  • Designed for India, Not Silicon Valley: ofScale is made with Indian manufacturing in mind. From regional supplier support and mobile-first features to language adaptability, it fits the everyday working style of factories and buyers across industrial hubs.

Business Model and Revenue Streams

  • Customers Who Actually Need It: The company’s sweet spot lies with small and mid-sized manufacturers, many of whom haven’t had access to digitised procurement tools before.
  • Transaction-based revenue model : Every time a purchase happens through their platform, they earn a margin. Because they’re managing the marketplace, they also control the quality of both supply and service something open marketplaces often fail to guarantee.

Key People

Suvigna Shour

Tarun Kedia

Key Metrics

Total Equity Funding

$375 K

No. of Funding Rounds

1

Latest Funding Round

$375 K, Seed

as of December 13, 2023

Post Money Valuation

$1.9 Million

as of October 17, 2023

Funding Multiple

5.07

as of October 17, 2023

Investors

First Cheque

and 3 more

Employee Count

5

Similar Companies

Bevzilla

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 13, 2023Seed$375 K$1.9 Million$81.3 K18.8x First Cheque, Relentless VC, DeVC, Z47, Anicut Capital, Relentless Ventures

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