Magma
India's Leading Industrial Solutions Provider
Ahmedabad, India · Founded 2022 · $13.0M raised
- Headquarters
- Ahmedabad
- Employees
- 11–50
- Founded
- 2022
- Business Model
- B2B
- Website
- magmagroup.in
- Total Funding
- $13.0M
- Last Round
- $8.0M Series ADec 2025
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Magma is an integrated industrial solutions provider headquartered in Ahmedabad, Gujarat, operating at the intersection of advanced materials, precision engineering, and green manufacturing. The company serves 350+ manufacturers across India — from SMEs to large enterprises including Reliance, Adani, and Sun Pharma — offering end-to-end support across raw material sourcing, precision processing, green energy and waste recycling, and engineering and MRO services. Backed by General Catalyst and Capria Ventures, Magma is building what it calls an 'Industrial Operations Stack' for India's factory ecosystem, combining physical supply chain capabilities with a proprietary tech platform called Orbit.
Summary
Magma is a Clean Energy company based in Ahmedabad, India, founded in 2022. It has raised $13.0M in total across 2 rounds, most recently a $8.0M Series A round in Dec 2025. Investors include General Catalyst, Lightspeed Venture Partners and Capria Ventures.
Tech & App Stack
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Funding History
Dec 2025
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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