Bengaluru, India – In a significant development for the logistics industry, OORJAA, a leading B2B logistics tech platform, has successfully raised Rs 5.35 crore in its pre-Series A 2 round. The funding was led by Inflection Point Ventures (IPV) and also included participation from Vinners Platform, Soonicorn Ventures, and HEM Angels. This new capital injection marks another milestone for OORJAA, allowing them to expand and enhance their services.
The OORJAA Revolution
OORJAA, founded by Sandeep Patil, Prashant Mohite, and Yogesh Parab, has been at the forefront of driving technological innovation in the logistics sector. The platform offers cutting-edge logistics solutions, incorporating transformative technology features such as auto-routing, network optimization, data analytics, trip management, and highly efficient operating processes.
One of OORJAA’s key differentiators is its strong B2B clientele, including some of the most prominent names in e-commerce, food tech, and e-groceries. Companies like Flipkart Wholesale, Jio Mart, Udaan, Zomato Hyperpure, and BigBasket rely on OORJAA’s expertise in streamlining supply chain operations.
PiE KART: An Eco-Friendly Solution for SMEs
OORJAA recently unveiled their groundbreaking app-based product, PiE KART, which is set to disrupt the logistics landscape. PiE KART offers affordable and eco-friendly intra-city delivery solutions by leveraging shared trucks for same-day deliveries. This service is tailored to meet the specific needs of small and medium-sized enterprises (SMEs), providing them with a cost-effective and sustainable logistics solution.
Since its inception in November 2019, OORJAA has made remarkable strides in expanding its footprint. The company now operates in over 15 cities and maintains 30 hub locations. They handle more than 4,000 orders daily and operate a fleet of 200 vehicles, which includes electric cargo vehicles, contributing to a more sustainable future.
A Track Record of Success
This latest funding round builds upon OORJAA’s previous success in securing capital. In March of the preceding year, the company raised around Rs 9 crore (approximately $1.1 million) in its pre-Series A round, which Inflection Point Ventures led.
The infusion of Rs 5.35 crore in this new round will further enhance the PiE KART platform, advance its technology infrastructure, and expand its talented team. OORJAA’s mission is to continue pushing the boundaries of logistics technology, helping businesses optimize their supply chains and achieve new levels of efficiency.
The logistics industry is evolving rapidly, and OORJAA’s commitment to innovation and sustainability positions it as a critical player in this dynamic sector. With their focus on eco-friendly solutions, a robust technology stack, and a growing list of satisfied clients, OORJAA is undoubtedly a company to watch in the coming years. The recent funding round marks a significant step towards their vision of redefining logistics for the better.