VC Fund Investments

Plug-and-play logistics startup QuickShift raises $770-K from Anicut Angel Fund, Axilor

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Pune-based plug-and-play logistics startup QuickShift has raised USD 770,000 in a seed round from Anicut Angel Fund and Axilor Ventures. The company, which caters to D2C and omnichannel brands, aims to use the funding to step up its proprietary technology and expand its network of fulfilment centres across India. Mumbai-based Pareto Capital acted as the transaction advisor for the deal. Founded in 2014 by Anshul Goenka, Quickshift is a technology fulfilment company aiming to provide a wide array of offerings through a single click with a faster turnaround time. QuickShift also acts as an accelerator for brands in the D2C, ecommerce, B2B and retail space, enhancing their scale and penetration across 26,000 pin codes across India.

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