India Based, Warehouse.io A Logistics Startup Raised Seed Funding Led By Better Capital - MENA startups, innovation, and tech news

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India Based, Warehouse.io A Logistics Startup Raised Seed Funding Led By Better Capital
Funding

India Based, Warehouse.io A Logistics Startup Raised Seed Funding Led By Better Capital

● Warehouse.io will use the funds to fulfill market demand and assist new-age e-tailers in generating income.

● The company has a network of over 2,500 warehouses in over a dozen of locations.

● The financing was also supported by Java Capital, Titan Capital, First Cheque, and Upsparks.

About Warehouse

Warehouse.io, founded by Vaibhav Chawla, Jeevan Prakash, and Lavelesh Sharma in October 2020, assists direct-to-consumer (D2C) firms in forecasting and placing inventory across a large network of flexible warehouses, allowing them to transport products to customers faster.

Raise In Seed Funding

In a Seed fundraising round headed by the pre-seed venture company Better Capital with participation from Java Capital, Titan Capital, First Check and Upsparks, Warehouse.io, a New Delhi-based logistics and Supply Chain startup, raised a non revealed sum. The business claims to have a network of over 2,500 stores in over 12 locations. The network consists of logistics partners from hyperlocals and third parties that offer services that are cost-effective both on the same day and the following day.

Word From The Co-Founder

“Each company is looking for a way to increase its reach and scale with the recent Covid lockdowns. This has led to a positive seller purchase for us over the past four to five months “Co-founder Vaibhav Chawla said.

Appreciation

● “Customer experience is a crucial success element in D2C, and that is warehouse.io, with its on-demand storage and fulfillment infrastructure, permits new and increasing marks,” said Vaibhav Domkundwar of Better Capital.

● “They turn existing hyperlocal underutilized storage capacity into revenue-generating micro warehouses (protected e-commerce ready warehouses) at low price points, ensuring same day/next day delivery for D2C companies,” said Vinod Shankar of Java Capital.

The warehouses, which are powered by unique technology, provide improved quality control and operating procedures, making the experience more personal and enjoyable for the brands and their end customers. The growth infrastructure scales with the development of companies, allowing them to maximize the efficiency of their supply chain while providing a greater customer experience by being present in client clusters.

Thank You!

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