What is Nakad?
Founded in 2022 and based in Bengaluru, India, Nakad operates at the intersection of financial technology and supply chain management. The company aims to streamline complex supply chain processes through innovative technological solutions, addressing critical needs within the enterprise sector. Its focus on providing a comprehensive platform positions it as a key player in modernizing business operations.
How much funding has Nakad raised?
Nakad has raised a total of $7M across 1 funding round:
Angel/Seed
$7M
Angel/Seed (2022): $7M with participation from Matrix Partners India and Accel
Key Investors in Nakad
Matrix Partners India
Matrix Partners India is a prominent investment firm focusing on the Indian consumer and enterprise markets, with a strong track record in financial services and technology.
Accel
Accel is a global venture capital firm dedicated to partnering with exceptional teams from the early stages of their ventures through all phases of private company growth.
What's next for Nakad?
The substantial enterprise-level funding Nakad has attracted suggests a strategic pivot towards scaling its operations and expanding its market reach. This capital infusion is likely to fuel product development, enhance technological capabilities, and bolster its go-to-market strategy. The company is poised for significant growth as it leverages this investment to solidify its position in the competitive fintech and supply chain management industry.
See full Nakad company page
