B2B platform DCG Tech raises Rs 15 crore in funding led by GVF, others

Gujarat Venture Finance Limited (GVFL Limited), an Indian venture capital firm, has led a Rs 15 crore (approximately $1.8 million) pre-Series A round in DCG Tech Limited, which operates under the trade name DCGpac, a B2B platform for packaging, warehouse supplies, and procurement services.

GVFL contributed Rs 10 crore to the round, while Auxano Capital and the company’s promoters provided the remaining capital. 

Founded in 2005 by logistics industry veterans Suresh Bansal and Subhasish Chakraborty, DCGpac was conceived to address fragmented packaging supply chains faced by MSMEs and fast-growing e-commerce businesses. The startup claims that it serves over 60,000 customers and has delivered more than 750 million packaging products to date.

Operating out of eight fulfillment centers and six sales offices across India, and with a subsidiary in Dubai, DCG offers an expansive catalog of more than 10,000 SKUs spanning 78 categories.

Its proprietary platforms, such as “Design to Distribution,” “Packaging as a Service,” and “EcoPac” for sustainable packaging, combine procurement, design, and distribution in a single digital interface.

With its tech-enabled platform, DCGpac aims to streamline B2B procurement through automation and supply chain integration. Its newest offerings—“ProPac,” an AI-powered procurement stack, and the forthcoming “RePac,” a reusable packaging service aimed at enabling circular economies—demonstrate its commitment to sustainable and intelligent packaging practices.

“With the backing of GVFL and other investors, and our roadmap of smart manufacturing, AI-based technology, and sustainable packaging solutions, we are poised to lead the next phase of growth in the B2B commerce space,” said Suresh Bansal, founder and CEO of DCGpac.

“Our goal is to become India’s most preferred packaging and commerce platform for businesses. This funding will go a long way in helping us achieve our target of 10x growth in the next five years.”

It plans to deploy the capital to strengthen its technology infrastructure, scale operational capabilities, and pursue international expansion.

Commenting on the investment, Mihir Joshi, Managing Director of GVFL, said, “We see a huge potential in DCGPAC’s mission to revolutionise packaging supply chain in India through a robust technology platform and deep supply chain integration. It has already carved a niche in the segment.”

The current investment follows an earlier seed round backed by notable investors, including Haldiram’s, Zajil (Saudi Arabia), Inflection Point Ventures, Venture Catalysts, and 9Unicorns.