Arteria Technologies, a supply chain collaboration SaaS fintech platform, has raised ₹100 crore in funding from ICICI Venture, the investment arm of ICICI Bank. The round includes a mix of primary and secondary capital, though the company has not revealed specific details.
The company plans to use the funds to accelerate its growth strategy and expand its artificial intelligence (AI)-powered product offerings. Additionally, Arteria Technologies will invest in strengthening its engineering and product teams.
Founded in 2007 by Parag Sushilkumar Jain and Sriram Kanuri, Arteria provides end-to-end supply chain solutions—both upstream and downstream—for enterprises. Moreover, it serves as a technology partner for lending services in the supply chain finance sector.
“This funding will play a key role in growing our team, entering new markets, and investing in AI-led product innovation,” said founder Kanuri, who is also the CEO of Arteria Technologies. “We use data intelligence to improve supply chain visibility for our enterprise clients,” Kanuri added.
Arteria Technologies currently serves over 100 companies across sectors such as FMCG, automotive, building materials, and manufacturing.
According to data from Tracxn, the company generated $5.38 million in revenue during FY24. As of May 2025, it employed 187 people.
In 2018, Arteria Technologies had raised ₹8.66 crore in a Series A funding round from ICICI Bank and its venture capital arm. Now, with the latest infusion of capital, the company plans to broaden its presence in new geographies. Additionally, it will focus on enhancing its platform to better serve enterprise clients and financing partners.
“Arteria’s tech-focused, data-driven approach to digitising supply chains, combined with its ability to integrate financing solutions from third parties seamlessly, offers a strong value proposition for many companies in India, especially in the MSME sector”, Sharad Malpani, director at ICICI Venture and co-head of IVen Amplifi Fund, said in a statement.
