Fabrication Bazar Raises USD 3 Million for Expansion

New Delhi, Aug 27 (PTI) Manufacturing tech startup Fabrication Bazar has raised USD 3 million (around Rs 25 crore) in a funding round led by Physis Capital.

It intends to utilise funds raised, which includes part debt, to further enhance the tech platform to support its growing scale, ramping up geographic presence to regions outside India, especially GCC and SE Asia markets, and for leadership team hiring, according to a company statement.

The round also saw participation from Japan-based venture capital ICMG and existing investor Inflection Point Ventures.








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just words raises USD 1.7 mn
* just words, an AI-first marketing platform, has raised USD 1.7 million (about Rs 14 crore) in a funding round led by Peak XV Partners and Y Combinator, and plans to use the funding for team expansion and growth.

Using AI-powered content optimisation, just words helps businesses deliver personalised and effective messaging at scale.

"With this funding, we will invest in expanding our AI capabilities and building a world-class team to meet the growing demand for personalised messaging solutions," its co-founder and CEO Neha Mittal said.








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DeepMatrix raises USD 1.6 million
* Deeptech startup DeepMatrix has raised USD 1.6 million (over Rs 13 crore) in a funding round led by YourNest and Arali Ventures.

It plans to use the fresh capital to enhance its product offerings and expand its geographical presence.

"There is an increased demand in the industry and this funding will help in developing breakthrough innovative solutions to solve customer problems. We have experienced good traction in the Indian market and are looking to work with enterprises and governments in developed markets like the US, Australia, Europe, etc," DeepMatrix CEO Naresh Soni said.