VC Fund Investments
Restaurant supply chain mgmt startup SupplyNote raises $2.25 M
Adcount Technologies, the Noida-headquartered parent company of the restaurant supply chain management startup SupplyNote has raised USD 2.25 million in its Series A funding round led by Venture Catalysts and Artesian, along with participation from Sattva Family Office, WFC, LetsVenture, Soonicorn Ventures, Cogniphy, SucSEED Indovation, SOSV and DSP family office. The funding will fuel the first phase of the brand's international expansion, with priority to MENA (Middle East and North Africa) and Southeast Asia. The startup was founded by Kushang, Abhishek Verma, Nitin Prakash and Harshit Mittal in 2019. SupplyNote has three business verticals – SaaS service for inventory management of large restaurants, fulfilment services for large restaurants and the recently launched marketplace for small restaurants.
From the Venture Intelligence PE-VC Deal Database: Between Oct 2020 and Aug 2022, SupplyNote had raised over USD 2.59 M from Artesian Venture Partners, RiSo Capital, Qi Ventures and others.
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