Supply chain SaaS startup Increff raised $12 million in a Series B round from TVS Capital Funds, Premji Invest, and Binny Bansal’s 021 Capital. Six existing angels also participated in this round.
Focusing on global expansion, Increff will use the funds to set up offices and strengthen the local teams in the US and European region. Furthermore, it will invest in adding visionary products and services to Increff’s portfolio for supply chain optimization.
Increff offers a host of SaaS-based industry-agnostic merchandising solutions and smart warehousing solutions for inventory optimization of e-commerce, fashion, and retail brands.