SaaS startup Pidge raises $3M led by Mountain Partners

SaaS startup Pidge has raised $3 million in a new funding round led by Mountain Partners, a venture capital firm based in Europe. Prior to the current round, the startup raised $1 million in a seed round in November 2021 from Indian Angels Network (IAN).

Pidge, a startup founded in 2019 by Ratnesh Verma and Rushil Mohan, has developed a hybrid fulfillment platform that combines SaaS and network capability.

The company claims that their solution helps customers increase their revenue by ensuring no unfulfilled demand, reduce costs through optimized algorithms, and enhance customer experience with automated tracking, alerts, and notifications.

The startup claims to have enabled over 5 million deliveries and has over 400,000 network users.

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