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Construction supply chain platform ZippMat raises $10 Mn in equity & debt for expanding user base

Shortpedia

Content Team
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Online construction marketplace ZippMat has raised $10 Mn in a mix of equity and debt as part of its seed funding round. The round was led by Matrix Partners India. Zephyr Peacock participated in the equity round, while HDFC Bank and TradeCred participated in the debt funding round. ZippMat will utilise the funds for product development, widening its user base, digitising the supply chain and expanding its team.