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Jodaro Raises $750,000 In Seed Round Led by Fundamental VC

Jodaro envisions collaborating with 500+ manufacturers and expanding operations to 10 global markets by 2026

Jodaro Raises $750,000 In Seed Round Led by Fundamental VC
POSTED ON November 22, 2023 5:49 PM

Jodaro, a global commerce enabler connecting manufacturers directly with buyers, has secured $750 thousand in its seed funding round. The round was led by Fundamental VC, with participation from Maninder Gulati. 

Founded in 2023 by IIT Kharagpur alumni Rajiv Patki and Sambuddha Adhikari, the company is leveraging its proprietary commerce intelligence, automation, and a tech-enabled global supply chain, Jodaro specialises in identifying supply gaps across geographies and automating global commerce operations.  

Speaking on Jodaro’s differentiating aspects, its co-founder Patki said, “We are developing a tech stack for global e-commerce using sophisticated machine learning and automation. Our system is one of its kind in the industry and can aggregate real-time data from several sources giving us unprecedented insights into market dynamics. This data platform helps us to make decisions with a high degree of confidence while our automation stack allows us to design and execute strategies at scale.” 

Jodaro’s co-founder Adhikari emphasised the company’s ethos as he said, “We want to bring manufacturers to the front line of global commerce. That is only possible by bringing in complete transparency, sharing additional profits from global markets, and making it seamless for manufacturers to work with us. We are doing exactly that. The growth of our manufacturing partners is, and always will be, the central theme of our business.” 

The company said that it intends to dedicate this capital infusion to technological advancements, team expansion, and global brand amplification. By 2026, the company envisions expanding operations to 10 global markets, collaborating with over 500 manufacturers, and curating 15,000 diverse products. 

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