Venttup Raises Seed Funding From Unicorn India Ventures

Industries 5.0 startup Venttup raised seed funding from Unicorn India Ventures. The funds raised will be used for accelerating business growth and technology development for indigenisation program management.

Founded by Sandeep Nair (Co-Founder & Chief Executive Officer), M. Wasim Ankli (Co-Founder & Chief Operating Officer), and Joseph Panakkal (Co-Founder & Chief Marketing Officer), Venttup is built on the principles of localisation and sustainability. The company aims to revolutionise the manufacturing landscape by uniting millions of manufacturing MSMEs on a single digital platform. 

Commenting on the investment, Bikram Mahajan, Partner, Unicorn India Ventures, said “Venttup is addressing a major gap in the fragmented industrial business-to-business (B2B) services market by building a scalable, transparent platform that redefines how India’s manufacturing sector operates. As India emerges as a USD 1 trillion manufacturing powerhouse, Venttup’s emphasis on predictable capacity utilisation, traceability and localisation delivers a much-needed solution for OEMs looking for reliable, long-term partners.”

Venttup said that it assists large enterprises in outsourcing their engineering needs while enabling them to reduce their carbon footprint through cloud manufacturing and sustainable practices. They offer localised production of critical engineering solutions and highly customised, complex components across the energy, electric vehicles, aerospace, and defence sectors, driving India’s manufacturing industry toward self-reliance and sustainable growth.
Venttup, which has achieved annual recurring revenue of Rs 2 crore and an order pipeline of Rs 20 crore, works with Fortune 100 companies across diverse sectors like aerospace, green hydrogen, clean energy and shipbuilding. 

Sandeep Nair, Co-Founder & CEO, Venttup Ventures, said, “Venttup tackles a major manufacturing challenge by reducing reliance on imported components - by promoting the China Plus One strategy and aligning with government initiatives to increase local content in critical projects. This enables Venttup to offer a comprehensive resource pool for the end-to-end program management of component localisation.”

Having been bootstrapped until this round, this investment provided the resources required to fuel its global expansion plans.
Over the next 12 months, the company aimed to increase its revenue fivefold by building a high-performing team, attracting a diverse clientele, and expanding its reach into new markets. On the clients front, Venttup aimed to add 50 new customers to its platform.