ICICI Venture Invests ₹100 Crore in Arteria Technologies Series B

Arteria Technologies, a Bengaluru-based supply chain-focused SaaS and embedded finance company, has raised Rs 100 crore in a Series B funding round led by ICICI Venture. The funding, comprising both primary and secondary capital, will be used to expand the team, enter new markets, and accelerate AI-driven product innovation aimed at improving supply chain visibility and tech-enabled financing for supply chain partners. Founded in 2010, Arteria offers digital solutions for managing upstream and downstream supply chains and works with over 100 large enterprises across diverse sectors such as FMCG, automotive, building materials, and manufacturing. ICICI Venture highlighted Arteria’s strong growth and its tech-focused, data-driven approach to digitizing supply chains, which integrates financing solutions seamlessly, providing significant value especially to MSMEs. The investment reflects confidence in Arteria’s potential to optimize supply chain operations and embedded lending solutions through AI enhancements. This funding round builds on prior investments by ICICI Bank and its subsidiaries, reinforcing their commitment to the fintech SaaS startup's growth trajectory.