Ben & Gaws Private Limited, the company behind the manufacturing tech startup Fabrication Bazar, has raised $3 million in Pre-Seed funding.
Physis Capital led the funding round, with participation from Japan-based Venture Capital ICMG and existing investor Inflection Point Ventures.
The company plans to use the funds to expand its geographic presence beyond India, focusing on GCC and Southeast Asia markets, and to hire leadership team members.
Founded by Dwaipayan Dutta (CEO) and Ankur Gupta (CTO), Fabrication Bazar provides an asset-light, tech-enabled manufacturing platform for industrial steel products.
The platform serves over 400 clients across various sectors. It aims to digitize its supply chain, offering a centralized platform for managing procurement, quality control, and logistics. This approach optimizes the largely unused capacity of over 1.5 million MSME fabrication vendors in India. Using its proprietary manufacturing technology, Fabrication Bazar collaborates with more than 330 fabrication vendors across India to boost production efficiency and reduce delivery times by splitting products into multiple parts and processing them simultaneously.
“Our tech-enabled, asset-light manufacturing platform empowers thousands of MSME steel fabricators across India by enhancing their capacity utilization, delivering quality products to blue-chip MNC clients, and providing them access to capital. This round helps us to further enhance our tech offerings and build the team to take us to the next level. Given the size and potential of the steel fabrication industry in India and globally, we see significant growth opportunities ahead,” said Dwaipayan Dutta, Co-founder and CEO of Fabrication Bazar.
Fabrication Bazar’s client base includes over 400 large MNCs from diverse sectors such as EPC, Manufacturing, FMCG, Pharmaceutical, Energy, Petrochemicals, Oil & Gas, Ethanol, Food & Beverage, Packaging, Metals, and more.
