prozo raised $10 million in series A round
- ByStartupStory | March 2, 2022
Prozo, a full-stack supply chain, warehousing, and logistics startup, has raised t $10 million that is rs 76 crore in its Series-A round led by Sixth Sense Ventures. Jafco Asia and HNIs also participated in the round. The funds will be used to expand Prozo’s warehousing and fulfillment footprint, client base, and technology and analytics capability.
Founded by Dr Ashvini Jakhar, a former lieutenant commander with the Indian navy and ex-McKinsey & company consultant, Prozo provides end-to-end supply chain solutions and fulfillment to SMEs, D2C brands and enterprises on a pay-per-use model.
Dr Ashvini Jakhar, founder and CEO, Prozo, said, “Prozo is revolutionizing the e-commerce supply chain for brands and enterprises via its full-stack, end-to-end, multi-channel fulfilment solutions. Deeper penetration of e-commerce and proliferation of brands has led to strong tailwinds for the business that has been growing close to 40 percent month-on-month.
Prozo is an e-commerce enabler & accelerator for SMEs, D2C brands and Enterprises, offering nationwide multi-channel warehousing, freight, supply chain technology and e-commerce distribution services to its clients.