Enlight Metals is a New Delhi metal procurement company combining steel sourcing and distribution with technology. It runs facilities in Pune, Mumbai and Raipur, with Ahmedabad and Indore planned, and stocks inventory at distributed locations it describes as dark stores to shorten delivery times for buyers. The company is building what it calls an agentic AI procurement platform, and says it has cut end-to-end transaction processing time by 75%, inventory costs by 30% and operational overhead by 60%, while reducing supplier matching from five to seven hours to under three minutes. It is target
1StartupFox story
2024Founded
B2B Metal ProcurementSector
Sept 2026Latest coverage
Funding
Enlight Metals has raised $1.5M across 1 disclosed round, most recently a Investment in September 2026.
$1.5MRaised
InvestmentLatest round · September 2026
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
Founded in Pune by brothers Dhananjay Goel and Vedant Goel to streamline metal procurement for OEMs and fabricators, in an industry they describe as burdened by manual processes, opaque pricing, delayed deliveries and poor traceability. ↗
Mar 2026 · milestone
Launches Waste Free Steel, using AI-enabled drawing-based procurement to align steel supply with engineering requirements rather than standard mill sizes, which the company says can cut physical steel wastage by 8 to 10 percent on large inf ↗
September 2026 · funding
Investment — $1.5M, led by Exar North Group.
Sep 2026 · funding
Raises $1.5 million from Princeton-based Exar North Group at a $10 million valuation, funding its agentic AI procurement platform and expansion into Ahmedabad and Indore alongside existing facilities in Pune, Mumbai and Raipur. ↗
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Enlight Metals is a New Delhi metal procurement company combining steel sourcing and distribution with technology. It runs facilities in Pune, Mumbai and Raipur, with Ahmedabad and Indore planned, and stocks inventory at distributed locations it describes as dark stores to shorten delivery times for buyers. The company is building what it calls an agentic AI procurement platform, and says it has cut end-to-end transaction processing time by 75%, inventory costs by 30% and operational overhead by 60%, while reducing supplier matching from five to seven hours to under three minutes. It is target
Who founded Enlight Metals?
Enlight Metals is associated with Vedant Goel, Dhananjay Goel, Taranjay Goel.
How much funding has Enlight Metals raised?
Enlight Metals has raised $1.5M across 1 disclosed round. The most recent was a $1.5M Investment in September 2026.
Who are Enlight Metals's investors?
Disclosed investors in Enlight Metals include Exar North Group.
What is the latest news on Enlight Metals?
The most recent StartupFox coverage is “Enlight Metals Raises $1.5M at $10M and Targets Revenue Twelve Times Its Valuation” (17 September 2026). All stories are listed on this page.
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