The round also saw participation from Whiteboard Capital, DeVC, Soma Capital, and MyAsiaVC, along with a group of angel investors including Livspace founder Ramakant Sharma, Curefoods founder Ankit Nagori, BharatPe cofounder Shashvat Nakrani, Spinny founder Niraj Singh, and Tracxn founder Abhishek Goyal, among others.
Founded in 2022 by Manish Reddy and Sarthak Agrawal, Material Depot operates a consumer-facing…

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