Prozo Raises $10 Million In Series A Funding Round

Prozo Funding
Indian Funding News

Prozo, a full-stack supply chain, warehousing, and logistics startup, has raised $10 million in a Series A funding round led by Sixth Sense Ventures, with participation from Jafco Asia and HNIs.

As per the tech startup, the raised funds will be used to expand Prozo’s warehousing and fulfilment footprint, client base, technology and analytics capability.

Prozo | E-commerce Enabler & Accelerator

Founded by Dr Ashvini Jakhar, a former Lieutenant Commander with the Indian Navy and ex-McKinsey consultant, Prozo is an e-commerce enabler & accelerator for SMEs, D2C brands and Enterprises, offering supply chain technology, warehousing & fulfilment network and multi-channel, plug and play distribution on 20+ e-commerce platforms.

The startup provides end-to-end supply chain solutions and ‘Prime like’ (same day, next day delivery) fulfilment to SMEs, D2C brands, and enterprises on a pay-per-use model.

Founder Prozo
Founder Prozo: Dr Ashvini Jakhar

Speaking about the development, Dr Jakhar said,

“Prozo is revolutionizing the ecommerce supply chain for brands and enterprises via its full-stack, end-to-end, multi-channel fulfillment solutions. Deeper penetration of e-commerce and proliferation of brands has led to strong tailwinds for the business that has been growing close to 40 percent month-on-month. We are elated to join hands with Sixth Sense and leverage their expertise and network in the consumer universe.”

The tech stack that the company offers includes Warehouse Management System (ProWMS), Freight Recommendation & Transport Management System (ProShip), Unified Order Management System (ProOMS), Intelligent Inventory placement Product (ProPlanning), and Insights & Analytics Product (ProInsights).

Prozo serves clients like Reliance JioMart, McGraw Hill, Lavie, WinMagic Toys, and several other D2C brands across more than 10 categories.

Prior to this Series A funding round, Prozo had raised capital from Earlsfield Capital Partners LLP and other prominent angels.

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