Truventor acquires Chizel.io

Australia-based Truventor.ai, a deep-tech led manufacturing company has acquired Chizel.io, an India-based business-to-business Cloud manufacturing platform. The acquisition is a 100% stock deal with Chizel investors and founders gaining stakes in Truventor. Chizel founders will join the Truventor management.

Truventor provides an on-demand machine platform for seamless sales and purchase experience through a single integrated platform. The Chizel acquisition gives it access to the largest network on part manufacturers in India, it said.