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Featured Press Release
martXmart Raises $50 Million in Series C Funding to Expand Industrial Machinery Marketplace
martXmart, India's leading industrial machinery marketplace, today announced it has raised $50 million in Series C funding led by Global Ventures, with participation from existing investors Industrial Partners and Tech Ventures. The funding will accelerate martXmart's platform development and international expansion to connect more industrial machinery buyers and sellers worldwide.
"This investment marks a significant milestone in our journey to revolutionize how industrial machinery is bought and sold globally," said Rajiv Mehta, Founder and CEO of martXmart. "With this funding, we'll enhance our AI-powered matching capabilities, expand our verified supplier network, and enter new markets across Southeast Asia and the Middle East."
The funding comes as martXmart reports 300% year-over-year growth in transaction volume and expansion of its user base to over 1 million registered businesses across 50 countries. The company plans to double its team size over the next 18 months, with a focus on engineering, product development, and international operations.
Media Contacts
Priya Sharma
Head of Public Relations
For press inquiries, interviews, and general media questions.
Email: priya.sharma@martXmart.com
Phone: +91 98765 43210
Amit Patel
Corporate Communications Manager
For speaking engagements, events, and partnership inquiries.
Email: amit.patel@martXmart.com
Phone: +91 87654 32109
For urgent media inquiries outside of business hours, please contact:
media@martXmart.com