Funding News: Fabrication Bazar Secures $3M in Pre-Series A Funding

Fabrication Bazar, a pioneering tech-driven manufacturing startup, has secured $3 million in Pre-Series A funding. The investment round was led by Physis Capital, with additional backing from ICMG and returning investor Inflection Point Ventures.

Founded in 2016, Fabrication Bazar is disrupting the industrial steel fabrication market by integrating technology into the manufacturing process. Through its digital platform, the company connects clients with a curated network of verified vendors, operating across India, Vietnam, and the Gulf Cooperation Council (GCC) region. The platform offers an efficient supply of high-quality fabricated steel products with a focus on optimising delivery times and reducing costs for its clientele.

Strategic Use of Funds

The recent funding will allow Fabrication Bazar to scale its operations further. Key areas of focus include platform enhancement, geographical expansion, and team strengthening. By leveraging cutting-edge digital technologies, the company plans to enhance the efficiency of its supply chain, optimise vendor capacity, and streamline the overall manufacturing process.

"This investment validates our mission of transforming the traditional manufacturing landscape," said Dwaipayan Dutta, Co-Founder and CEO of Fabrication Bazar. "With these funds, we’re eager to enhance our platform’s capabilities, scale our operations, and support even more MSMEs (Micro, Small, and Medium Enterprises) while delivering exceptional value to our customers."

Growth and Innovation

Fabrication Bazar has already demonstrated significant traction within the steel fabrication sector, boasting a robust client base that spans multiple industries. The company’s commitment to leveraging technology, paired with its focus on quality control, has earned the trust of several leading corporations. With a strong track record of profitability, the startup is well-positioned to capitalise on the growing demand for efficient, tech-enabled manufacturing solutions.

Dutta further emphasised the platform’s capacity to empower smaller manufacturers. "By providing them with access to large-scale clients and digitising operations, we create a win-win situation where MSMEs can grow while clients benefit from faster turnaround times and reduced costs."

Industry Impact

Fabrication Bazar's tech-driven model is particularly significant in an era where manufacturing industries are rapidly evolving. By automating parts of the supply chain and providing transparency in vendor operations, the platform addresses key pain points in traditional manufacturing—such as inefficiencies, delayed delivery, and inconsistent product quality.

As the startup expands its footprint beyond India, it aims to offer a more sustainable and reliable approach to industrial steel product manufacturing. The company’s model is well-suited to serve the increasing global demand for smart manufacturing solutions that prioritise speed, cost-effectiveness, and quality.

With this new round of investment, Fabrication Bazar is poised to take on greater challenges and tap into new markets. As it continues to enhance its technological capabilities, the startup is expected to play a pivotal role in reshaping the future of manufacturing, both in India and abroad.

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