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Amit Kulkarni (Co-founder & CTO), Ranganath Seetharamu (Co-founder & COO), and Kishan Aswath (Co-founder & CEO)
IAN Alpha Fund, the 2nd in the series of IAN Group’s VC fund, has led a $3 million funding round in Mojro, a SaaS platform for B2B logistics planning and optimization, with participation from 1Crowd and other existing investors.
The startup said it will use the raised funding to support its plans to expand its presence in the US and Southeast Asia, enhance its AI-driven optimization platform, and strengthen its product, engineering, and sales teams across India and international markets.
Founded in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro has built a logistics optimization engine designed for mid to large enterprises in sectors such as CPG, Retail, Courier Express & Parcel, Dairy, and e-commerce.
The startup combine Advanced Technologies, Operations Research, Machine Learning, and Big Data to solve complex logistics problems in real time to make supply chains more efficient, adaptive, and resilient. It operates on a B2B SaaS model with usage-based pricing and is already seeing strong global traction.
Notably, over 60% of the startup's revenues come from international markets such as the US, Malaysia, Singapore, and the Philippines.
Mojro is also growing its team across sales, marketing, product, and AI engineering, in both India and the US, to meet the growing demand from global enterprises.
Kishan Aswath, Co-founder & CEO, said, “We are proud to have IAN Group leading our Series A round. Supply Chain efficiency and resilience are core to businesses world over. Efficient and timely movement of goods is an objective that looks simple on paper, but is hard to achieve. With the differentiated optimization capabilities that Mojro offers and proven capabilities across the US, India & Southeast Asia, this funding will help us scale faster in these markets and further differentiate our offerings through innovation.”
“Our mission is to empower mid-market and large enterprises with an AI-driven, highly scalable SaaS platform to execute optimal logistics plans and dramatically reduce operational costs across every mile of their supply chain journey,” Aswath added.
Rajnish Kapur, Managing Partner, IAN Alpha Fund, said, “The growth story of Mojro exemplifies the kind of supply chain analytics and logistics innovation that customers are looking for globally. Be it route optimization or sustainable operations, its AI-powered technology is solving real, on-ground inefficiencies with quantifiable outcomes.”
Mojro’s flagship products, PlanWyse and ExecuteWyse, together offer a comprehensive, AI-driven suite for logistics planning, optimization, and execution. PlanWyse uses multi-dimensional optimization algorithms that factor in over 150 real-world constraints such as vehicle capacity, route restrictions, delivery windows, and cost variables, dynamically adapting to changing conditions to ensure efficient and practical plans.
ExecuteWyse complements this with end-to-end visibility, real- time decision support, and collaboration tools, empowering businesses to respond swiftly to disruptions and build more resilient, agile supply chains.
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