Venttup, a startup at the forefront of Industries 5.0, has successfully raised seed funding from Unicorn India Ventures. While the amount was not disclosed, this capital will help the company scale its business and advance technology for its Indigenisation Program Management. Venttup aims to create a strong global network of engineering solutions, positioning India as the center of scalable manufacturing.
Founders Driving Growth
Venttup was founded by industry veterans with vast experience in leading global companies like Hitachi Energy, Siemens, L&T, and Kalpataru Power. The leadership team includes:
- Sandeep Nair, Co-Founder and CEO
- M. Wasim Ankli, Co-Founder and COO
- Joseph Panakkal, Co-Founder and CMO
Their mission is to transform India’s manufacturing landscape by bringing millions of MSMEs (Micro, Small, and Medium Enterprises) onto a single digital platform. This platform is designed to boost operational efficiency and foster environmental responsibility by creating a sustainable supply chain.
Helping Large Enterprises
Venttup assists large enterprises by providing a platform to outsource their engineering needs, while also helping them reduce their carbon footprint through cloud manufacturing and sustainable practices. The startup specializes in localized production of complex engineering components for industries such as:
- Energy
- Electric Vehicles (EV)
- Aerospace
- Defense
By promoting the China Plus One strategy, Venttup supports India’s self-reliance by increasing local content in key projects. This aligns with government initiatives aimed at boosting domestic manufacturing.
Expanding Reach in India
Venttup plans to expand across India and establish the country as a global sourcing hub. The startup aims to leverage India’s manufacturing capabilities to enter fast-growing international markets, including:
- Middle East & Africa
- Europe
- North America
This multi-faceted strategy will help the company unlock new revenue streams, build global partnerships, and become a key exporter of Indian-manufactured components.
Innovative Approach
Venttup recently launched the GATE Process, a proprietary methodology that uses Agile/Scrum principles to streamline the localization of components. The company has also introduced sustainable products like an Evaporative Cooling System for industrial applications. Additionally, Venttup has ventured into ESG (Environmental, Social, and Governance) advisory services to help MSMEs improve their sustainability practices.
Ambitious Growth Targets
Venttup is targeting fivefold revenue growth over the next 12 months. The company plans to build a high-performing team, attract a diverse client base, and expand into new markets. Venttup aims to onboard 50 new customers to its platform.
“Venttup addresses a significant gap in India’s industrial B2B services market by creating a scalable and transparent platform,” said Bikram Mahajan, Partner at Unicorn India Ventures. He emphasized Venttup’s role in making India a $1 trillion manufacturing powerhouse, offering predictable capacity utilization, traceability, and localization solutions.
