Yojak is a technology company.
Yojak has raised $4.0M across 1 funding round.
Yojak has raised $4.0M in total across 1 funding round.
Yojak is an Indian B2B technology startup founded in 2019, headquartered in Gurugram, Haryana, that operates an online marketplace for building materials. It simplifies the fragmented supply chain by integrating information, logistics, and capital flows, enabling retailers and wholesalers to purchase directly from manufacturers with greater transparency, variety, and better pricing[1][2][6]. The platform serves the construction and real estate sectors, addressing inefficiencies in procurement for small retailers, with estimated annual revenue of $14.1 million to $29.4 million and a workforce of around 95-140 employees[1][3][5]. Yojak has shown strong growth, including a reported 10X revenue scale-up in the last 12 months, supported by $3.8 million in pre-Series A funding from investors like Info Edge Ventures, British International Investment, and HealthQuad[1][2][3].
Yojak was founded in 2019 by a team of like-minded individuals focused on leveraging technology to tackle supply chain challenges in India's building materials sector, though specific founder names are not detailed in available sources beyond team members like Chaitanya Iyengar (Business Development and Marketing), Chinmay Mehta (Business Development and Technology), and Amit Mehta (Product Development and Digital Marketing)[1][2][4]. The idea emerged from recognizing the inefficiencies in connecting wholesalers, retailers, and manufacturers in a traditionally fragmented market critical to India's infrastructure and real estate growth[1][6]. Early traction came via its seed-stage focus on digital procurement, culminating in a $3.8 million pre-Series A round in August 2021 led by Info Edge Ventures, which fueled operational scale-up without reported legal or regulatory hurdles[1][2][3].
(Note: A separate entity at yojakgroup.com describes a strategic consulting firm with similar branding but distinct focus on business growth services, not the B2B materials marketplace[4]. Primary sources confirm the startup as the core Yojak.)
Yojak rides the wave of India's booming infrastructure and real estate development, where government initiatives like housing schemes and highway projects drive demand for efficient building materials supply chains[1]. Its timing aligns with the rise of B2B e-commerce and supply chain tech in emerging markets, featured in expert collections for E-Commerce (10,780 companies) and Supply Chain & Logistics Tech (3,919 companies), amid post-pandemic digitalization[2]. Market forces favoring Yojak include India's fragmented $100B+ building materials sector, urbanization, and VC interest in logistics optimization, as seen in talks for a potential $30M fundraise with Norwest and Alpha Wave Global[5]. By streamlining procurement, Yojak influences the ecosystem by reducing costs for SMEs, boosting scalability in construction, and setting a model for tech-enabled trade in materials-heavy industries[1][3].
Yojak is poised for accelerated expansion through further funding—potentially $30M—and tech enhancements in logistics and AI-driven matching, capitalizing on India's infrastructure boom[1][5]. Trends like rising e-commerce penetration in B2B (projected 20%+ CAGR) and sustainability focus in construction will shape its path, with its 10X growth signaling resilience[1][2]. Its influence may evolve from niche marketplace to regional leader, empowering more retailers amid economic recovery, provided it navigates competition and policy shifts—ultimately transforming how India's builders source materials efficiently[1][5].
Yojak has raised $4.0M in total across 1 funding round.
Yojak's investors include Foundamental.
Yojak has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in August 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2021 | $4.0M Seed | Foundamental |