Arteria Technologies, a supply chain collaboration software-as-a-service (SaaS) and financing platform, has raised Rs 100 crore from ICICI Venture, ICICI Bank's investment arm, in a funding round.
The funding is a combination of primary and secondary capital, but the company has not disclosed the specifics. It will be used to support the company's expansion plans and artificial intelligence (AI) product development. The funds will also be used to expand Arteria Technologies' engineering and product teams.
Key Highlights
- Arteria Technologies secures ₹100 crore funding from ICICI Venture to accelerate SaaS fintech growth.
- Investment aims to enhance Arteria's digital supply chain solutions and expand market presence.
Founded in 2007 by Parag Sushilkumar Jain and Sriram Kanuri, the company provides upstream and downstream supply chain solutions to businesses while also serving as a technology partner for lending services in supply chain finance.
"This funding will play a key role in growing our team, entering new markets, and investing in AI-led product innovation," said Kanuri, Arteria Technologies' founder and CEO. "We use data intelligence to improve supply chain visibility for our enterprise clients," Kanuri stated.
Arteria Technologies works with more than 100 companies in the FMCG, automotive, building materials, and manufacturing industries.
According to Tracxn, the company earned $5.38 million in FY24. The company had 187 employees as of May 2025. In 2018, Arteria Technologies raised Rs 8.66 crore through a series A funding round led by ICICI Bank and its venture arm.
With the latest funding, the company plans to expand its market presence into new geographies and improve its platform for enterprise clients and financing partners.
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"Arteria's tech-focused, data-driven approach to digitizing supply chains, combined with its ability to seamlessly integrate financing solutions from third parties, offers a strong value proposition for many companies in India, particularly in the MSME sector," Sharad Malpani, director at ICICI Venture and co-head of IVen Amplifi Fund, said in a statement.
