Private Equity

PE Fund Investments

Supply chain startup Prozo raises Rs.45-Cr led by Sixth Sense Ventures

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Prozo, a Gurugram-based supply chain startup, has raised INR 45 crore in a pre-Series B funding round via a combination of equity and debt financing, led by Sixth Sense Ventures, with participation from JAFCO Asia and other investors. The company has raised INR 131 crore to date including the current round. The new funds will be used to add more clients and to further develop Prozo Warehousing and Logistics (PWLP) SaaS platform. Founded by Ashvini Jakhar, Prozo enables fast fulfilment through its pan-India warehousing and freight network, which is powered by a supply chain technology stack and control tower. It supports companies of all sizes across B2B, D2C, and B2C segments by offering them enterprise-grade supply chain capabilities on a pay-per-use model. The startup claims that it provides supply chain services to 100 brands through its network of 30 omni-channel fulfilment centres spread across 12 locations. Its clients include Tata Consumer, Reliance, Hyundai, WH Smith, Snapdeal, Soothe Healthcare, Pepe Jeans, and Vahdam.