Press & Media

WhatsUpMART, India's leading industrial machinery marketplace, today announced it has raised $50 million in Series C funding led by Global Ventures, with participation from existing investors Industrial Partners and Tech Ventures. The funding will accelerate WhatsUpMART's platform development and international expansion to connect more industrial machinery buyers and sellers worldwide.

"This investment marks a significant milestone in our journey to revolutionize how industrial machinery is bought and sold globally," said Rajiv Mehta, Founder and CEO of WhatsUpMART. "With this funding, we'll enhance our AI-powered matching capabilities, expand our verified supplier network, and enter new markets across Southeast Asia and the Middle East."

The funding comes as WhatsUpMART reports 300% year-over-year growth in transaction volume and expansion of its user base to over 1 million registered businesses across 50 countries. The company plans to double its team size over the next 18 months, with a focus on engineering, product development, and international operations.