The India Bizz Startup News Website
Funding

OORJAA raises Rs 5.35 Cr in pre-Series A 2 round led by IPV

  • B2B logistics tech platform Oorjaa has raised Rs 5.35 crore in its pre-Series A 2 round from Inflection Point Ventures (IPV), Vinners Platform, Soonicorn Ventures and HEM Angels. 
  • The proceeds will be used to ramp up the PiE KART platform, advancing technology, and expanding the team, OORJAA said in a press release.
  • Founded by Sandeep Patil, Prashant Mohite and Yogesh Parab, Oorjaa offers technology-driven logistics solutions with transformative technology solutions on auto-routing, network optimization, data analytics, trip management and highly efficient operating processes.
  • Its B2B clientele includes some of the most well-known large e-commerce, food-tech & e-groceries companies such as Flipkart Wholesale, Jio Mart, Udaan, Zomato Hyperpure, BigBasket amongst others.
  • The Bengaluru-based firm recently launched an app-based product PiE KART which offers affordable and eco-friendly intra-city delivery solutions by employing shared trucks for same-day delivery, catering specifically to the needs of small and medium-sized enterprises (SMEs).
  • Since its launch in November 2019, Oorjaa has expanded to over 15 cities, over 30 Hub locations, conducting more than 4000 orders per day with 200 Vehicles (inclusive of EV Cargo Vehicles, promoting sustainability). 
  • In March last year, Oorjaa had raised around Rs 9 crore or $1.1 Mn in its pre-Series A round led by Inflection Point Ventures. 
Desk

Desk

Verified

2730 Articles Startup & Business Expert

Discover the latest startup, business, and funding news. Get insights on trends, IPOs, mergers, and acquisitions. Perfect for entrepreneurs, investors.

Get Startup News Before Everyone Else

Join founders, investors and startup enthusiasts reading The India Bizz daily.

Desk

Verified Journalist

2730 Articles
Startup & Business Expert
Media Contributor

Discover the latest startup, business, and funding news. Get insights on trends, IPOs, mergers, and acquisitions. Perfect for entrepreneurs, investors.

Desk

Verified Journalist

Discover the latest startup, business, and funding news. Get insights on trends, IPOs, mergers, and acquisitions. Perfect for entrepreneurs, investors.

Startup Expert Business Media 2730 Articles

Related posts

EnKash Raises $20 Mn To Scale Up Its Plug And Play Cards Issuance Stack

Desk

NABVENTURES Leads ₹20 Cr Funding in Tan90

Desk

Audio entertainment platform Pocket FM raising $103 Mn in its Series D funding 

Desk

Leave a Comment