ZippMat provides a platform that simplifies material procurement for engineering and construction companies by leveraging a supplier and logistics network to manage planning, ordering, and site delivery. The company offers a real-time collaborative tool to help construction companies plan and manage supply deliveries transparently and cost-effectively. It serves over 30 customers across 10 product categories and delivers to project sites across 10 states. ZippMat reports more than Rs 100 crore in annualised revenue run-rate and says it is operating profitably. The startup plans to use its latest funds to scale its user base, digitise the supply chain further, drive product innovation, and expand its team from the current 25 people. The platform’s solutions target project execution delays, rising project costs, and access to working capital for contractors.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2022