NowPurchase raises $6 Mn led by Info Edge Ventures, others

NowPurchase, a marketplace for metal manufacturers, raised $6 million in equity and debt led by Info Edge Ventures.
Investors include Orios Ventures Partners, 100 Unicorns, VC Grid, and notable family offices and angel investors.
Total funds raised by NowPurchase now stand at $10 million, aimed at expansion and new solutions.
Funds will support scrap processing centers, private labels, and AI integration in MetalCloud.
Founded in 2017, NowPurchase serves over 250 factories with its MetalCloud platform and real-time WhatsApp bot.