2023
Bengaluru (India)
Seed
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 India’s manufacturing sector is massive, worth over $250 billion, yet so much of it still runs on outdated procurement methods.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.
$375 K
1
$375 K, Seed
as of December 13, 2023
$1.9 Million
as of October 17, 2023
5.07
as of October 17, 2023
First Cheque
and 3 more5
Bevzilla
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
December 13, 2023 | Seed | $375 K | $1.9 Million | $81.3 K | 18.8x | First Cheque, Relentless VC, DeVC, Z47, Anicut Capital, Relentless Ventures |