Magma Leads the Way with $5M Series A Funding Success
Deal News | Apr 16, 2025 | Capria Ventures LLC
Magma, a prominent B2B industrial solutions provider based in Ahmedabad, India, has successfully raised $5 million in its Series A funding round. The round was spearheaded by Capria Ventures, a private equity firm, and included a blend of equity and debt financing. Magma intends to use the proceeds to enhance its operational capabilities and expand its market presence. The collaboration with Capria Ventures is expected to bolster Magma's business growth and innovation within the industrial solutions sector.
Sectors
- B2B Industrial Solutions
- Private Equity
Geography
- India – Magma is based in Ahmedabad, India, and the article focuses on the activities of the company within this geography.
- USA – Capria Ventures is a US-based private equity firm involved in the investment, indicating cross-border business activities.
Industry
- B2B Industrial Solutions – Magma is a B2B industrial solutions provider, focusing on offering products and services to other businesses in the industrial sector, making this the central industry.
- Private Equity – Capria Ventures is involved in the funding round, representing the Private Equity industry which typically involves investing in or financing businesses to help them grow.
Financials
- $5,000,000 – Series A funding amount raised by Magma, comprising equity and debt.
Participants
Name | Role | Type | Description |
---|---|---|---|
Magma | Target Company | Company | A leading B2B industrial solutions provider based in Ahmedabad, India. |
Capria Ventures | Investor | Company | A private equity firm that led the Series A investment in Magma. |