India Index raises $500K in a pre-seed round

B2B cloud-based supply chain marketplace India Index has raised $500K in its seed funding round led by a group of private investors from the United States and India. Parth Jindal (JSW Group), Vaaman Sehgal (Motherson Group), Robert Lansing (Westminster Capital) and other private investors participated in the pre-seed round. 

Founded by Samir N. Kapadia, India Index helps American buyers and Indian suppliers search, filter and vet supply chain partners through a cost-effective process.

Since its launch, the firm claims to have managed to establish a growing network of users across India and the United States. From JSW Group to Bharat Forge Limited, some of India’s largest enterprises use India Index to capture export opportunities in the U.S. market. 

The platform is used by startups and corporates to search and evaluate supply chain partners, highlight their company values and optimize trade relationships to be more profitable.