Aksum funding, investors and company details
Aksum is an emerging Information Technology - SaaS startup from New Delhi, working in the space of Diversified raw material and industrial products distribution platform catering primarily to small and medium-sized enterprises (SMEs).. Founded by Amarpreet Singh Anand, Sahiba Kaur, Manmohan Singh Anand.
- Company: Aksum Trademart Private Limited
- Sector: Information Technology - SaaS
- Location: New Delhi
- Founders: Amarpreet Singh Anand, Sahiba Kaur, Manmohan Singh Anand
- Total funding raised: ₹8.17 Cr
Company overview
Aksum Trademart operates as a diversified raw material and industrial products distribution platform catering primarily to small and medium-sized enterprises (SMEs). The company supplies a wide range of products, including steel, commodity polymers, chemicals, paints, sanitary ware, construction materials, brass, coal, AAC blocks, tiles, and packaging materials. Its business model is built around simplifying procurement processes and enhancing supply chain agility for industrial buyers. In addition to product distribution, Aksum provides value-added services such as sales strategy advisory, market research, and supply flow management, positioning itself as an integrated sourcing and supply chain partner rather than just a trading intermediary. With a lean team of approximately 23 employees, Aksum leverages technology-driven solutions to optimize working capital cycles and improve procurement efficiency. The company differentiates itself through its broad product portfolio and end-to-end supply chain support, aiming to empower SMEs with reliable access to raw materials and structured procurement frameworks, thereby contributing to the strengthening of India’s industrial ecosystem.
Funding rounds
- Latest round (Pre Series A): $ 1.00 Mn (₹8.17 Cr.), 2023-04-27. Investors: Inflection Point Ventures (IPV)