Hyderabad-based logistics startup Enmovil Solutions has raised Rs 10 crore ($1.3 million) in its pre-Series A funding round led by Anicut Angel Fund. The funding round also saw participation from KCT Group, Blackbird Investments Pvt Ltd and RB Investments. 

As per the startup, the freshly raised funds will be used to enhance its technology and provide solutions for field and yard logistics.

Enmovil Solutions | Technology Leaders for Field Logistics

Founded by Ravi Bulusu, Nanda Kishore and Venkat Moganty in 2015, Enmovil offers a Business Intelligence Platform driven by a connected asset ecosystem enabling organizations to maximise their operational efficiency. 

Enmovil’s ‘autometrics’ uses machine learning (ML)-driven algorithms that leverage the power of IoT (internet of things) and integration of data from unstructured sources to automate material and fleet movement from warehouse to dealer.

Speaking on the development, Ravi Bulusu, Co-founder of Enmovil Solutions, said,

“Enmovil is scaling up as the unique solution provider for OEM logistics. Our AI-driven platform empowers our logistics customers all the way from planning their short and long-haul logistics while ensuring vehicle safety and material integrity. We intend to leverage the new funds to expand our sales team and strengthen our R&D to accelerate our innovation roadmap.”

Enmovil’s platform, which is a combination of front-end software running analytical and machine learning algorithms, combined with its indigenous hardware “satellites”​ deployed in the field, deliver the intelligence to the management that enables them to understand the utilisation model of their resources.

The logistics tech startup offers an original equipment manufacturer (OEM)-centric multi-modal logistics technology platform optimising end-to-end operations for field and yard logistics. Offering end-to-end optimisation, the Hyderabad-based startup counts Maruti Suzuki, Hindustan Petroleum Corporation Ltd, Hero Motors among its clients.

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