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Taozen Technology Private Limited

Ahmedabad, India · $3.8M raised

Headquarters
Ahmedabad
Total Funding
$3.8M
Last Round
$3.3M SeedFeb 2023
Rounds
2

About

Magma (operated by Taozen Technology Private Limited) is an Ahmedabad-based integrated industrial solutions provider offering specialty raw materials, waste management, bio-materials, green energy, and logistics services. The company supports over 300 manufacturers across multiple Indian states, helping them optimize factory operations through sustainable, innovative solutions, industrial waste recycling, and cost-effective energy programs. Magma was founded by Neal Thakker and has raised Series A funding to expand its footprint in India's manufacturing sector.

Summary

Taozen Technology Private Limited is a Distribution company based in Ahmedabad, India. It has raised $3.8M in total across 2 rounds, most recently a $3.3M Seed round in Feb 2023. Investors include General Catalyst and Accion.

Funding History

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SeedSeed RoundFeb 2023
$3.3M

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Pre-Seed through Seed — per-round amounts, valuations, and who invested in each round.

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