Carbanio.com raises US $1.3 million seed capital

February 09, 2022 09:26 pm | Updated 09:26 pm IST - HYDERABAD

Carbanio.com, online B2B chemicals marketplace, announced that it has raised US $1.3 million in a seed round led by the Quantico Group US. The firm has more than 9 million products sold by 40,000 businesses across India and has been digitising 178 chemical clusters utilising Artificial Intelligence (AI) and Machine Learning (ML) for marketing and business expansion. It is also the only startup of its kind that has built a direct link between chemical manufacturers, suppliers, buyers, and retailers on a single platform, said a press release.

Top News Today

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.