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The India Index has received $500,000 in pre-seed funding to transform the global supply chain

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India Index, led by founder Samir N. Kapadia, successfully secured $500K in a pre-seed funding round for its cloud-based B2B supply chain marketplace. The funding was spearheaded by private investors from the United States and India, including prominent names like Mr. Parth Jindal from JSW Group, Mr. Vaaman Sehgal from Motherson Group, and Mr. Robert Lansing from Westminster Capital. The company’s primary focus is to facilitate seamless and efficient connections between American buyers and Indian suppliers through its innovative platform.

Launched in 2022, India Index has rapidly gained momentum by creating a network of users spanning both India and the United States. Notable Indian corporations like JSW Group and Bharat Forge Limited are among the companies that utilize India Index to tap into the U.S. export market. The platform caters to a diverse range of users, from startups to Fortune 500 companies, streamlining the process of identifying, evaluating, and collaborating with supply chain partners.

The vision behind the India Index stemmed from the observed gaps in the global supply chain ecosystem. Samir N. Kapadia, who has a decade of experience in trade policy and tech startups, envisioned a digital platform that simplifies the process of connecting U.S. companies with Indian suppliers. “We’re here to change that. We don’t only want to play matchmaker; we want to own the entire supply chain lifecycle on one platform,” Kapadia emphasized.

With the goal of supporting India’s growing export potential, India Index aims to utilize its platform’s unique features to establish a strong presence in the global trade landscape. The recent funding infusion will be directed towards optimizing the platform’s capabilities, enabling U.S. buyers to conduct transaction and logistics services seamlessly. Mr. Parth Jindal, an investor and board member of India Index, stressed the platform’s significance in democratizing access to global trade for Indian companies. “We need platforms like India Index to inspire every Indian company to show the world what we can do as a country,” he highlighted.