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NowPurchase Secures ₹80 Crore Investment from Bajaj Finserv and Other Investors

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NowPurchase Secures Rs 80 Cr Funding Led by Bajaj Finserv to Scale AI Platform

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News18•01-04-2026, 12:15

NowPurchase Secures Rs 80 Cr Funding Led by Bajaj Finserv to Scale AI Platform

•AI-enabled B2B firm NowPurchase raised Rs 80 crore in a funding round led by Bajaj Finserv.
•Existing investors InfoEdge Ventures and Orios Venture Partners, along with other individual investors and family offices, participated.
•The capital will be used to accelerate R&D, enhance scrap recycling infrastructure, and expand branded products.
•Funds will also fast-track the growth of MetalCloud, an AI-powered platform for digitizing metal manufacturing.
•Founded in 2017 by Naman Shah and Aakash Shah, NowPurchase provides AI-enabled procurement solutions for metal manufacturers.

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