Reverse supply chain mgmt co Blubirch raises $6.37 M led by Cornerstone, Capital2B Fund

Bengaluru-based Blubirch, a SaaS and AI-based automation-driven reverse supply chain management platform, has raised USD 6.37 million in a Series A round led by Cornerstone Ventures and Capital2B Fund. The startup has raised USD 10.8 million till now. The firm will use the proceeds to expand its market presence across retailer marketplaces and original equipment manufacturer (OEM) ecosystems. Founded by Sapan Jain, Jeby Cherian, and Amit Goel, Blubirch helps retailers, e-commerce players, brands, market places and OEMs to improve revenue, increase profits and enhance customer experience.