Venttup, a cutting-edge Industries 4.0 startup, has made headlines with the acquisition of seed funding from Unicorn India Ventures. This investment will propel the company’s growth and enhancements in its indigenisation program management.
Founded by a team of visionary entrepreneurs, Sandeep Nair, M. Wasim Ankli, and Joseph Panakkal, Venttup is on a mission to disrupt the manufacturing landscape by connecting millions of MSMEs on a single digital platform. By providing a robust supply chain, Venttup empowers these businesses to boost their operational efficiency.
With a focus on cloud manufacturing and sustainable practices, Venttup assists large enterprises in outsourcing their engineering needs, reducing their carbon footprint while also enabling localized production of critical engineering solutions and customized components across high-demand sectors such as energy, EV, aerospace, and defense.
Notably, Venttup has already achieved a significant milestone, boasting an ARR of Rs 2 crore and an order pipeline of Rs 20 crore since its inception in 2023. The company’s ambitious strategy is to expand its revenue by 5 times over the next 12 months, with a projected minimum of 50 new clients.
This groundbreaking funding marks a significant step forward for Venttup, positioning it at the forefront of the revolution in the manufacturing industry. With its innovative approach and committed team, Venttup is poised to redefine the way businesses operate and transform the future of industries globally.