Fundraising Fox

Magma

Founded 2022 · 144 employees on LinkedIn · 8 known investors

Magma builds operational infrastructure and systems for India's manufacturing sector, working directly with manufacturers to improve their critical operations and support large-scale industrial growth.

Advanced ManufacturingB2B MarketplacesEnterprise SoftwareLogistics & Supply Chain

Founders & leadership

Board

NT
Neal Thakker

Investors · 8

AccionWashington, D.C. · $1M
Capria VenturesBengaluru · $300K – $1M
GVFL Ltd.reported · 2 sourcesAhmedabad · $250K – $25M
Hashkey CapitalreportedHong Kong · $2M – $43M
Puzzle Venturesreported$1M – $5M
SevenX VenturesreportedSingapore · $1.5M – $25M

Also in the syndicate · 2

Avinya VenturesAVNM Ventures

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Magma raises additional $3 million in Series A funding round; closes at $8 millionmarcamoney.com · Dec 2025Magma raises $3 million led by GVFL; Capria Ventures, others also contributed - The Economic Timesm.economictimes.com · Dec 2025Magma Finance secures strategic funding to build the most adaptive liquidity engine on Suiglobenewswire.com · Dec 2025Magma Finance Raises $6M for Sui Network Liquidity Engine | Phemex Newsphemex.com · Dec 2025Magma Raises $10M Funding | SignalBasetrysignalbase.com · Oct 2025Magma Raises $3.9M In Seed Funding | citybizcitybiz.co · Oct 2024

Frequently asked questions

What does Magma do?
Magma builds operational infrastructure and systems for India's manufacturing sector, working directly with manufacturers to improve their critical operations and support large-scale industrial growth.
Who are Magma's investors?
Magma's investors include Accion, Capria Ventures, GVFL Ltd., Hashkey Capital, Puzzle Ventures, SevenX Ventures.