O4S raises $6M in Series A round
O4S recently announced that it raised $6 million in its Series A round led by Think Investments, and existing investor Venture Highway.
The Gurugram-based startup plans on using the capital raised to boost its operations across North America and Southeast Asia, expand its customer base to over 500 and its team above 200.
O4S co-founder Divay Kumar said, “In the last three years of starting operations, we have worked with more than 50 large consumer brands from various industries and understood their pain points well. O4S’s platforms are developed to resolve persisting supply chain challenges and lack of visibility in distribution.”
Founded in 2017 by Divay Kumar and Shreyans Sipani, O4S uses AI, ML, and IoT to help its customer base digitise and automate their supply chain across manufacturing, warehouses, and retail networks to increase sales and performance.
Commenting on the investment, Sameer Sood, founder of Venture Highway said, “We have backed O4S since its inception, and have seen the founders and the team build a fantastic product for an extremely sticky customer base. The supply chain traceability and automation market are projected to reach $7.3 billion by 2026. O4S has a huge opportunity to become a leader in this vertical.”
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