Logistics startup Warehouse.io raises seed funding from Better Capital, others

• The funding will help Warehouse.io to meet the market demand and help new age e-tailers drive revenue in the business.
• Java Capital, Titan Capital, First Cheque, and Upsparks, also invested in the round.
• The startup has a network of over 2,500 warehouses across 12+ cities.

Warehouse.io, a New Delhi-based logistics and supply chain startup, has raised an undisclosed amount in a Seed funding round led by pre-Seed venture firm Better Capital with participation from Java Capital, Titan Capital, First Cheque, and Upsparks.

According to the startup, The raised capital will be used to build advanced solutions and capabilities to meet the market demand and help new-age e-tailers drive revenue in the business.

Launched in October 2020 by Vaibhav Chawla, Jeevan Prakash, and Lavelesh Sharma, Warehouse.io helps direct-to-consumer brands predict and place inventory across a wide network of warehouses and offer last-mile connectivity to deliver products to their customers in the shortest possible time.

Vaibhav Chawla, Co-founder, Wherehouse.io, said:

“Wherehouse.io is built on the core values of control, visibility, and delight, enabling brands to design an end-to-end brand experience while owning the data and customer relationship. With COVID-induced lockdowns in the last few months, each and every brand is looking for a way to build reach and scale. This has resulted in a healthy seller acquisition for us the last four-five months.”

The startup claims since its launch it has scaled to a network of over 2500+ warehouses across 12+ cities and helping brands accelerate the customer experience with its fulfillment technology platform.

Vaibhav Domkundwar, Founder & CEO of Better, said:

“Customer experience is a core ingredient for success in the D2C category, and that’s exactly what Wherehouse.io enables for new and growing brands with its on-demand warehousing and fulfillment platform."

"We are excited to be founding stage partners with the Wherehouse team as they unlock Amazon-like customer experience for D2C brands in India," he added.

Also Read:

• Logistics startup Kale Logistics raises $5 million led by Inflexor Ventures
• Logistics startup Delhivery to launch IPO by March 2022, to raise $500M
• B2B retail tech startup Arzooo forays into logistics with an investment of $2 million

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