# Venttup Ventures Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/venttup-ventures-pvt

- Industry: Business Support Services
- Headquarters: Chennai, India
- Website: www.venttup.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Sep 14, 2024)
- Investors on record: 1

## About

Founded in 2021 by Joseph Panakkal (CMO), Mahammad Wasim Ankli, and Sandeep Nair (CEO), and based in Bangalore, India, Venttup Ventures Pvt. Ltd. is a B2B (business-to-business) contract manufacturing startup that operates as a provider of engineering services for the manufacturing sector. In September 2024, Unicorn India Ventures raised seed funding for Venttup Ventures Pvt. Ltd.

The firm offers procurement solutions for essential components in the energy, electric vehicle (EV), aerospace, defense, and other sectors. Venttup provides a single platform for global buyers to source localized electrical, mechanical, and electronic components, aiming to reduce import dependency and promote environmental responsibility. The company also assists MSMEs by offering ESG advisory services and fostering a sustainable supply chain. 

The company intends to use the September 2024 funding to oversee the indigenization program by speeding up corporate growth and technological progress.

## Funding rounds

- Seed, Sep 14, 2024, $0.5M — Unicorn India Ventures

## Investors

- Unicorn India Ventures (https://capitalatlas.ai/funds/unicorn-india-ventures) — Seed