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Magma connects building materials buyers, factories, and suppliers through a digital marketplace.
Founded in 2022 and based in Gujarat, India, Magma operates a business-to-business platform for building materials. It provides buyer recommendations, factory production planning, and raw material sourcing by connecting factories with suppliers. In December 2025, the company raised an undisclosed amount of Series A funding from unspecified investors as part of a larger USD 8 million Series A round.
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