Full-stack supply chain, warehousing, and logistics startup Prozo has raised $10 million in a Series A round led by Sixth Sense Ventures. Jafco Asia and HNIs also participated in the round. According to a statement, the funds will be used to expand Prozo’s warehousing and fulfillment footprint, client base, technology and analytics capability.
Founded in 2016 by Dr. Ashvini Jakhar, a former Lieutenant Commander with the Indian Navy and ex-McKinsey consultant, Prozo provides end-to-end supply chain solutions and ‘Prime like’ (same day, next day delivery) fulfillment to SMEs, D2C brands, and enterprises on a pay-per-use model.
The company’s technology stack includes Warehouse Management System (ProWMS), Unified Order Management System (ProOMS), Freight Recommendation & Transport Management System (ProShip), Intelligent Inventory placement Product (ProPlanning), and Insights & Analytics Product (ProInsights).