Fabrication Bazar, the manufacturing tech startup operated by Ben & Gaws Private Limited, has successfully raised $3 million in its pre-Series A funding round. This round was led by Physis Capital, with additional participation from Japan-based venture capital firm ICMG and existing investor Inflection Point Ventures.
The fresh capital infusion, which includes a portion of debt, will be strategically allocated to enhance the company’s tech platform, further scale its operations, and expand its geographic footprint beyond India, particularly in the Gulf Cooperation Council (GCC) and Southeast Asia (SEA) markets. Additionally, the funds will support the hiring of key leadership roles to drive the company’s growth.
Founded by Dwaipayan Dutta, Fabrication Bazar is an asset-light, tech-enabled manufacturing platform that specializes in industrial steel products. The platform currently serves over 400 clients across various sectors. Leveraging its proprietary manufacturing technology, Fabrication Bazar collaborates with approximately 330 fabrication vendors throughout India. The company’s innovative process involves splitting products into multiple parts, allowing them to be processed simultaneously, which significantly improves production efficiency and reduces delivery times.
Over the past 12 months, Fabrication Bazar has experienced substantial growth, expanding its vendor network and client base within India. The company has also been recognized as a qualified vendor by some of the largest companies in the GCC region and is in the process of establishing a vendor base in Vietnam to meet the growing demand from the SEA region.
This funding round marks a significant milestone for Fabrication Bazar as it continues to solidify its position in the manufacturing tech industry, both within India and internationally.
