NowPurchase has announced a significant funding round, securing ₹80 crore led by Bajaj Finserv.
This investment will support several key areas:
- Expansion of scrap recycling initiatives
- Development of branded products
- Enhancement of the MetalCloud platform, aimed at digitising and optimising metal manufacturing and procurement
The funding is expected to accelerate growth and innovation within the company, positioning it for future success in the metal industry.