Magna Infotech

The Story

Founded in 2011, Poshmark started with a simple yet powerful idea in Manish Chandra's garage. Along with co-founders Tracy Sun, Gautam Golwala, and Chetan Pungaliya, Chandra envisioned a platform that would revolutionize how people buy and sell fashion. The inspiration came from seeing the potential of the iPhone 4 to create meaningful connections in the shopping experience.

What They Do

Poshmark is not just another e-commerce platform – it's a social marketplace that brings together shopping and community. Think of it as a place where social media meets shopping, allowing users to buy, sell, and discover fashion, home goods, and accessories. With over 80 million users , the platform has become a go-to destination for both casual sellers and entrepreneurial individuals looking to build their own digital boutiques.

Growth & Achievements

• Started as a fashion-only platform and successfully expanded into home goods and electronics
• Raised over $160 million in venture funding
• Achieved a successful IPO in January 2021
• Recently launched innovative features like AI-powered visual search and livestream shopping
• Built a vibrant community of millions of buyers and sellers across the country

Today, under CEO Manish Chandra's leadership, Poshmark continues to innovate in the social commerce space, blending technology with community to create a unique shopping experience. The platform's success story is a testament to how combining social connections with commerce can create a powerful marketplace that resonates with modern consumers.

Bidgely is an energy-intelligence company founded in 2011. They specialise in turning smart-meter and utility data into actionable insights via their platform UtilityAI™. Their goal: help utilities (electric, gas, water) personalise customer engagement, modernise grids, enable EV charging, distributed energy resources—all while lowering operating cost and improving efficiency. They work globally (North America, Europe, Asia Pacific) and are in a growth/scale-up phase.

Bidgely holds 17+ patents and has raised over $50M in funding. Our team of 30+ data scientists and 150+ engineers brings a shared passion for using AI to revolutionize how the world consumes energy.

As energy usage evolves, our platform is scaling fast — growing from 700 billion to trillions of data points processed. Headquartered in Silicon Valley with hubs in India and Europe, Bidgely blends the agility of a scale-up with the impact of a global clean-energy leader.

Our India Development Center is the heart of innovation, driving data science, technology, and product delivery for customers worldwide.

We are a small but dynamic recruitment agency ,we specialize in providing top-notch recruitment solutions to companies like yours and have a proven track record of helping organizations find the right talent to meet their needs.

Asha Health is a Y Combinator backed AI healthcare startup. We help medical practices spin up their own AI clinic. We've raised an oversubscribed seed round backed by top Silicon Valley investors, and are growing rapidly. Our team consists of AI product experts from companies like Google, as well as senior physician executives from major health systems.

SimplyFI is a secure digital marketplace developed to provide both liquidity and efficiency in the import-export supply chain. SimplyFI is a B2B marketplace and one single source for both supply chain finance and trade services, powered by cutting-edge cryptography, which ensures both data privacy and auditability in real time.

SimplyFI is built on enterprise-grade Blockchain Technology to support global trade deals with the infrastructure needed to participate with a highly available and highly scalable network where trade services, which include financial, shipping, and insurance services, quality services, etc., can interoperate and collaborate in a secure way.

We also specialize in delivering end-to-end solutions for the smart connected world through IOT and AI technologies. We uncover new ways of harnessing data and generate insights to create a more holistic and better user experience with our products.

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