Venwiz

Venwiz is an early stage startup based in India that aims to revolutionize the procurement of industrial services. With a focus on B2B, manufacturing, and the internet, the company was founded in 2020 and has already attracted significant attention from investors. Its recent Series A investment of INR 688.00M on 15 February 2023 involved a consortium of notable investors including Jafco Ventures, Nexus Venture Partners, Sorin Investments, Riverwalk Holdings, Sanjiv Rangrass, Force Ventures, Anshuman Sinha, Prabhav Kashyap, and Accel India.

Venwiz positions itself as India’s only digital platform for the discovery and procurement of industrial service vendors. Their focus on leveraging SaaS to enable a marketplace for CapEx and industrial services procurement presents an innovative approach to a traditionally complex and fragmented industry.

With this recent injection of capital, Venwiz is well-positioned to further develop and expand its platform, potentially disrupting the industrial services procurement sector in India and beyond. The support from a diverse group of investors with expertise in both technology and industrial sectors provides the company with a strong foundation for future growth and success in the market.