Equanimity Investments has led a seed funding round for Nirmaan, a Kolkata-based B2B marketplace focused on transforming the construction materials sector, aiming to enhance its technology and expand its reach.
Information on the Target
Nirmaan is a Kolkata-based business-to-business (B2B) marketplace that is revolutionizing the construction materials sector. By connecting manufacturers directly with retailers, Nirmaan creates a more efficient procurement process that reduces inventory costs and enhances supply chain dynamics.
The company is committed to leveraging technology to improve access to essential construction materials, particularly in underserved Tier-II and Tier-III towns. As Nirmaan grows, it aims to scale its technological infrastructure and broaden its product offerings to meet the evolving needs of the construction industry.
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Industry Overview in India
The construction materials industry in India has experienced significant growth due to the country's rapid urbanization and expansion of infrastructure projec
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