# Emtex Engineering Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/emtex-engineering-private

- Industry: Logistics & Distribution
- Headquarters: Delhi, India
- Website: www.industrybuying.com
- Total disclosed funding: $39M
- Latest round: Series C (Oct 30, 2018)
- Investors on record: 6

## About

Emtex Engineering Private Limited operates as a B2B e-commerce platform in India, delivering a wide variety of industrial and office supplies to businesses, facilitating efficient operations and logistics management.Founded in 2013, Emtex Engineering Private Limited specializes in the B2B distribution of industrial products and office supplies. The company is headquartered in Delhi, India. Rahul Gupta, the founder, has a background in similar ventures which informs the company's strategic direction. Emtex has successfully raised a total of INR 104.20 mn across multiple funding rounds, with the latest amounting to INR 1100 mn from MonotaRO Co., Ltd. on September 25, 2020.Industrybuying, the platform operated by Emtex, features an extensive selection of over 1 million products from 8,000 global brands, focusing on categories like material handling, packaging equipment, testing instruments, and office supplies. This wide array of products supports logistics optimization, quality control, and operational efficiency for a diverse business clientele.In the most recent financial year, 2023, Emtex generated revenue of INR 603,569.20, with an EBITDA of -INR 392,311.90, reflecting the company's current financial landscape.Emtex Engineering plans to leverage its recent funding of INR 1100 mn to expand its market reach and product offerings. The company aims to launch new products designed to meet specific industry needs and is targeting expansion into international markets by the end of 2024. The funding will support these initiatives, enhancing both product development and market penetration.

## Funding rounds

- Series C, Oct 30, 2018, $5.3M — Kalaari Capital, DG Ventures, Beenos, Elevation Capital, BEENEXT
- Series C, Dec 29, 2016, $8.1M — Kalaari Capital, DG Ventures, Beenos, Elevation Capital, BEENEXT
- Series B, Sep 9, 2015, $9.1M — Kalaari Capital, Elevation Capital, BEENEXT, Trifecta Venture
- Series A, May 7, 2015, $15M — Elevation Capital
- Seed, Feb 9, 2015, $1.6M — Elevation Capital

## Investors

- Elevation Capital — Seed, Series A, Series B, Series C
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series B, Series C
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series B, Series C
- Trifecta Venture — Series B
- DG Ventures (https://capitalatlas.ai/funds/dg-ventures) — Series C
- Beenos — Series C