PE-VC Fund Investments
Supply chain optimiser Mojro Tech raises addnl $2.5 M led by Dallas Venture Capital
Business Standard Mojro Technologies
Bengaluru-based Mojro Technologies has raised USD 5.5 million in a Series A funding round. The funding included a previously announced USD 3 million investment led by IAN Alpha Fund, with participation from 1Crowd. An additional USD 2.5 million extension has been funded by Dallas Venture Capital.Founded in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro Technologies operates as an AI-driven supply chain optimisation startup. It provides a B2B (business-to-business) SaaS platform for logistics planning and optimisation, assisting mid- to large-sized enterprises across sectors such as CPG, retail, courier and parcel, dairy, and e-commerce in reducing logistics costs. The company's products, PlanWyse and ExecuteWyse, offer real-time planning and operational intelligence.Mojro plans to use the new funds to accelerate global expansion and product innovation. The company's AI-powered platform uses advanced analytics and heuristic algorithms to optimise routes, schedules, trips, and capacity constraints.
For FY25, Mojro had reported about INR 11 Cr in Operating Income and about INR 0.98 Cr in Net Loss.
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