GVFL leads Rs 15 Cr round in B2B packaging platform DCG Tech

DCG Tech, a B2B platform for packaging, warehouse solutions, and procurement, has raised Rs 15 crore in a pre-Series A funding round led by GVF. GVF has invested Rs 10 crore in the round, while Auxano Capital and the promoters have participated in the investment round.

Prior to this, the Gurugram-based company had raised $3.31 million in a seed funding round from Venture Catalysts.

The proceeds will be utilised to accelerate growth, enhance platform technology, and expand international operations, DCG said in a press release.

Co-founded in 2005 by Suresh Bansal and Subhasish Chakraborty, DCG Tech addresses the packaging needs of MSMEs, e-commerce and quick-commerce brands by offering them a one-stop, cost-effective solution. The firm’s solutions, such as Design to Distribution, Packaging as a Service, EcoPac for Sustainable Packaging, and the ProPac Platform, aim to bring efficiency and cost-effectiveness to businesses of all sizes.

With over 60,000 customers and 750 million packaging products delivered, DCG claims to have presence through eight fulfilment centres, six sales offices, and a Design and Innovation Centre. It also has a subsidiary in Dubai.

“With the backing of GVFL and other investors, and our roadmap of smart manufacturing, AI-based technology, and sustainable packaging solutions, we are poised to lead the next phase of growth in the B2B commerce space. Our goal is to become India’s most preferred packaging and commerce platform for businesses,” said Suresh Bansal, founder & CEO of DCG.

DCG states that it offers a tech-enabled, end-to-end procurement and distribution platform that provides over 10,000 SKUs across 78 categories.