Fabrication Bazar, a technology-driven manufacturing platform based in New Delhi, India, has successfully secured $3 million in Pre-Seed funding. This funding round was spearheaded by Physis Capital, with notable contributions from Japan’s ICMG Venture Capital and current investor Inflection Point Ventures.
The company plans to allocate these funds towards expanding its geographic footprint beyond India, with a particular focus on the GCC (Gulf Cooperation Council) and Southeast Asia markets. Additionally, Fabrication Bazar intends to use a portion of the investment to enhance its leadership team.
Established by Dwaipayan Dutta (CEO) and Ankur Gupta (CTO), Fabrication Bazar operates as a tech-enabled, asset-light manufacturing platform specializing in industrial steel products. The company currently serves over 400 clients spanning various industries. It is dedicated to revolutionizing the manufacturing landscape by digitizing and centralizing the supply chain.
The platform streamlines every aspect of production, from procurement to quality control and logistics, addressing the underutilized capacity of more than 1.5 million MSME (Micro, Small, and Medium Enterprises) fabrication vendors in India.
Fabrication Bazar’s innovative approach involves working with approximately 330 fabrication vendors across India to enhance production efficiency and minimize delivery times. By breaking down products into multiple components and processing these parts simultaneously, the company’s proprietary manufacturing technology optimizes the production process.
This method not only boosts efficiency but also accelerates turnaround times. The company’s extensive client roster includes numerous multinational corporations across diverse sectors such as Engineering, Procurement, and Construction (EPC), Manufacturing, Fast-Moving Consumer Goods (FMCG), Pharmaceuticals, Energy, Petrochemicals, Oil & Gas, Ethanol, Food & Beverage, Packaging, and Metals.
Fabrication Bazar’s platform is meticulously crafted to address the diverse requirements of various industries, providing a holistic solution that seamlessly integrates advanced technology with traditional manufacturing processes. This innovative approach is aimed at propelling progress and fostering innovation across the sector, ultimately enhancing efficiency, productivity, and overall industry standards.
Fabrication Bazar, based in New Delhi, India, is a cutting-edge, tech-enabled manufacturing platform specializing in industrial steel products. Founded by Dwaipayan Dutta and Ankur Gupta, the company serves over 400 clients across multiple sectors. It enhances production efficiency and reduces delivery times by digitizing supply chains and optimizing collaboration with a vast network of fabrication vendors.
