Gujarat Venture Finance Limited (GVFL Limited), an Indian venture capital firm, has led a Rs 15 crore (approximately $1.8 million) pre-Series A round in DCG Tech Limited, which operates under the trade name DCGpac, a B2B platform for packaging, warehouse supplies, and procurement services.<\/p>\n
GVFL contributed Rs 10 crore to the round, while Auxano Capital and the company\u2019s promoters provided the remaining capital.\u00a0<\/p>\n
Founded in 2005 by logistics industry veterans Suresh Bansal and Subhasish Chakraborty, DCGpac was conceived to address fragmented packaging supply chains faced by MSMEs and fast-growing e-commerce businesses. The startup claims that it serves over 60,000 customers and has delivered more than 750 million packaging products to date.<\/p>\n
Operating out of eight fulfillment centers and six sales offices across India, and with a subsidiary in Dubai, DCG offers an expansive catalog of more than 10,000 SKUs spanning 78 categories.<\/p>\n
Its proprietary platforms, such as \u201cDesign to Distribution,\u201d \u201cPackaging as a Service,\u201d and \u201cEcoPac\u201d for sustainable packaging, combine procurement, design, and distribution in a single digital interface.<\/p>\n
With its tech-enabled platform, DCGpac aims to streamline B2B procurement through automation and supply chain integration. Its newest offerings\u2014\u201cProPac,\u201d an AI-powered procurement stack, and the forthcoming \u201cRePac,\u201d a reusable packaging service aimed at enabling circular economies\u2014demonstrate its commitment to sustainable and intelligent packaging practices.<\/p>\n
\u201cWith the backing of GVFL and other investors, and our roadmap of smart manufacturing, AI-based technology, and sustainable packaging solutions, we are poised to lead the next phase of growth in the B2B commerce space,\u201d said Suresh Bansal, founder and CEO of DCGpac.<\/p>\n
\u201cOur goal is to become India\u2019s most preferred packaging and commerce platform for businesses. This funding will go a long way in helping us achieve our target of 10x growth in the next five years.\u201d<\/p>\n
It plans to deploy the capital to strengthen its technology infrastructure, scale operational capabilities, and pursue international expansion.<\/p>\n
Commenting on the investment, Mihir Joshi, Managing Director of GVFL, said, \u201cWe see a huge potential in DCGPAC\u2019s mission to revolutionise packaging supply chain in India through a robust technology platform and deep supply chain integration. It has already carved a niche in the segment.\u201d<\/p>\n
The current investment follows an earlier seed round backed by notable investors, including Haldiram\u2019s, Zajil (Saudi Arabia), Inflection Point Ventures, Venture Catalysts, and 9Unicorns.<\/p>\n","protected":false},"excerpt":{"rendered":"Gujarat Venture Finance Limited (GVFL Limited), an Indian venture capital firm, has led a Rs 15 crore (approximately…\n","protected":false},"author":2,"featured_media":7993,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[45,49,48,137,3234,8493,2512,3235,5673],"class_list":{"0":"post-7992","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-entrepreneurship","12":"tag-funding","13":"tag-gvfl-limited","14":"tag-investment","15":"tag-investors","16":"tag-venture-capital"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/7992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=7992"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/7992\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/7993"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=7992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=7992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=7992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}