GreenFortune, a manufacturer of windows and doors, has raised $4.5 million in a funding round led by Germany-based fund Foundamental. The round also saw participation from Titan Capital Winners Fund and existing investor Incubate Fund Asia.
The funds will be used to support expansion, increase production, and build its tech platform PartnerGate into a full-stack solution. GreenFortune also plans to invest in research and design (R&D) and technical services to create new products across different material types.
Dilip Kumar, Cofounder and Chief Executive Officer, GreenFortune, said, “On the product side, we will remain within the windows and doors category but expand into additional subcategories such as aluminum, steel, and pre-painted steel windows and doors, among others.”
GreenFortune operates with a business-to-business (B2B) model, supplying raw materials to fabricators, and a business-to-consumer (B2C) model, directly serving end customers. The brand is present in over 100 locations in India and aims to achieve Rs 250 crore annual revenue run rate (ARR) within the next two years.
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