Jodaro, the dynamic platform facilitating direct connections between manufacturers and buyers, has raised $750,000 in its recent seed funding round, significantly boosting its mission of revolutionising global commerce. Fundamental VC, a prominent venture capital firm, led the financing, with additional participation from Maninder Gulati, signalling a vote of confidence in Jodaro’s innovative approach.
Founded in 2023 by industry veterans Rajiv Patki and Sambuddha Adhikari, Jodaro aims to bridge the gap between manufacturers and buyers through its cutting-edge commerce intelligence, automation, and a tech-enabled global supply chain. The newly acquired funds are earmarked for driving technological advancements, expanding the talented team, and amplifying the global presence of the Jodaro brand.
Jodaro’s platform addresses the challenge of information asymmetry regarding global market trends and tackles inefficiencies on a limited scale. The startup is streamlining processes and fostering a more efficient and transparent global supply chain by directly connecting manufacturers with buyers.
According to insiders, the seed funding will play a pivotal role in propelling Jodaro’s ambitious expansion plans. By 2026, the company aims to extend its operations to 10 global markets, forming partnerships with over 500 manufacturers and curating an extensive portfolio of 15,000 diverse products. This strategic vision positions Jodaro as a key player in reshaping the landscape of global commerce, providing solutions to longstanding industry challenges.
Fundamental VC’s decision to lead the seed funding round underscores the firm’s commitment to supporting groundbreaking ventures with the potential to redefine industries. The venture capital firm, based in Bengaluru, launched its inaugural fund in June of the previous year with an impressive target corpus of $130 million.
Jodaro’s success in securing substantial funding highlights the growing investor confidence in the platform and underscores the pressing need for innovative solutions in the global commerce ecosystem. As the company continues to evolve and expand its footprint, it is poised to impact how manufacturers and buyers interact in the digital age.
