PE-VC Fund Investments
E-commerce fulfilment platform QuickShift raises $2.6 M led by Atomic Capital
Pune-based QuickShift , a direct-to-consumer (D2C) and e-commerce fulfilment startup, has raised USD 2.6 million (INR 22 crore) in a pre-Series A funding round, led by Atomic Capital, with participation from Axilor Ventures.Founded by Anshul Goenka, QuickShift offers a plug-and-play fulfilment and supply chain platform that integrates technology, infrastructure, and logistics services to provide brands with real-time visibility and control over their inventory and orders. It claims to operate across seven fulfilment centres, covering 29,000 pincodes, with its platform integrated with major marketplaces and quick commerce platforms.The startup plans to deploy the new capital to expand operations across key domestics markets, strengthen its omni-channel programmes, and hire talent. It intends to broaden its network by expanding its presence in NCR, Mumbai, Bangalore, and Kolkata and opening new fulfilment centres in Hyderabad, Chennai, Ahmedabad, Lucknow, and Indore.
In Aug-21, Quickshift had attracted about USD 0.77M from Axilor Ventures and others.For FY24, Quickshift had reported about INR 2.71 Cr in Operating Income and about INR 0.53 Cr in Net Loss.
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