Founder · Enlight Metals

Vedant Goel

Co-founder & CEO of Enlight Metals, a b2b metal procurement company based in New Delhi.

Co-founder · CEONew DelhiB2B Metal Procurement
Founded
2024
New Delhi, India
Raised to date
$1.5M
1 round on record
Latest round
Investment
$1.5M · September 2026

About

Vedant Goel is Co-founder & CEO of Enlight Metals, a b2b metal procurement company based in New Delhi, founded in 2024. Enlight Metals's most recent disclosed round was a funding round of $1.5M in September 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2024
Enlight Metals
B2B Metal Procurement · New Delhi · Active

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

Funding
September 2026Investment$1.5MExar North Group
Company profile →1 round on record

Journey with Enlight Metals

3 milestones
  1. 2024Founded

    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.

  2. Mar 2026Milestone

    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 infrastructure and EPC projects.

  3. Sep 2026Funding

    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.

Also building Enlight Metals

Coverage

1 story