Magma
Latest round
- Series A
Last raised
- Jul 2025
Total raised
- $4.5M
Investors
- 10
About Magma
Based in Gujarat, India, and founded in 2022 by its CEO Neal Thakker, Taozen Technologies Private Limited trading as Magma operates as a business-to-business platform that provides a mobile marketplace application for its user to manage production or buy building materials. Taozen Technologies Private Limited offers a tech-enabled platform for building materials with buyer recommendations, optimizing factory production, and sourcing raw materials. The company's platform partners with factories and raw materials suppliers to offer supply chain services from the supplier to the customer.
Who invested in Magma
10 investors across 4 rounds
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Questions about Magma
Who invested in Magma?
Magma has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Magma raised?
Magma has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Magma last raise money?
Magma's most recent round on record is a Series A, in Jul 2025.
What does Magma do?
Based in Gujarat, India, and founded in 2022 by its CEO Neal Thakker, Taozen Technologies Private Limited trading as Magma operates as a business-to-business platform that provides a mobile marketplace application for its user to manage production or buy building materials.
Where is Magma headquartered?
Magma is headquartered in Ahmedabad, India.
Which VCs invest in companies like Magma?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back internet companies at Magma's stage. Their profiles are linked below.
VCs backing internet startups at Series A
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