JustDeliveries, a Mumbai-based startup that provides logistics solutions for perishables, has made headlines by securing $1 million in a pre-Series A funding round. Led by Nabventures, the funding round also saw participation from several other investors, including Faad Network, Caret Capital, Anay Ventures, and Mahansaria Family Office.

J.R. Laddha Financial Services Pvt. Ltd. advised the company and acted as an exclusive advisor to the deal.

As per the startup, the freshly raised funds will enable it to deepen its logistics network across regions including Bengaluru, Mumbai, Pune, and the national capital region. The Mumbai-based startup also plans to launch operations in Hyderabad.

JustDeliveries | Intra-city Logistics for Perishables

Founded by Mansi Mahansaria, JustDeliveries is a Mumbai-based startup that provides intra-city logistics and cold storage for perishables. Offering a tech-enabled logistics solution, JustDeliveries empowers F&B food and beverage (F&B) brands, including quick-service restaurants, cafe chains, and those specializing in fresh and frozen food, to outsource their logistics and expand their intra-city presence.

Speaking on the development, Mansi Mahansaria, founder of JustDeliveries, said,

“In the last two years, over 70 F&B companies have outsourced their logistics to JustDeliveries, thus benefiting from last-mile efficiencies and reliability of operations.”

Statement from the Investor

Commenting on the development, Vikas Bhatt, Managing Director of Nabventures, highlighted that the lack of proper storage and distribution infrastructure significantly contributes to the food wastage problem in India.

Bhatt added,

“By partnering with JustDeliveries, we believe we can empower businesses to effectively reduce wastage of perishable commodities, leading to a more sustainable and efficient food supply chain across India.”

JustDeliveries focuses on small movements of perishable items with frequent replenishments, along with cold storage, warehousing, inventory management, and a shared logistics network, providing an invaluable service to the restaurant and retail distribution sectors.

By 2028, the Mumbai-based plans to extend its presence to 8-10 cities across India.

Nabventures is a venture growth equity fund that invests in agritech, foodtech, healthtech, rural fintech, and edtech startups. A subsidiary of the Indian government’s National Bank for Agriculture and Rural Development (Nabard), Nabventures has backed several startups in the food and agricultural space, including Unnati, Jai Kisan, and TenderCuts.

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