10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
LogisticTech

Omnivio Bags Funding To Help Retail Brands Build Omnichannel Customer Experiences


SUMMARY

Omnivio addresses the challenges faced by retailers and omnichannel brands in providing seamless customer experiences across multiple channels

Caret Capital (formerly Supply Chain Labs), Blume Ventures, Eximius VC, SuniconVenture Fund, Misfits, and its existing investors participated in this round of funding

The funds will be allocated towards enhancing its omnichannel visibility and development of its product suite

Delhi NCR-based omnichannel enablement platform Omnivio has secured $1.02 Mn in a seed funding round led by Caret Capital (formerly Supply Chain Labs). 

Blume Ventures, Eximius VC, SuniconVenture Fund, Misfits, several angel networks and individual angel investors, and the startup’s existing investors, 91 Ventures, Dexter Angels, and Supermorpehus, also participated in the round. 

Founded in 2021 by Sidhartha Kumar Bhimania and Anuj Jain, as a SaaS omnichannel enablement platform, Omnivio addresses the challenges faced by retailers and omnichannel brands in providing seamless customer experiences across multiple channels.

Its services, including the control tower and orchestration platform, empower businesses with the post-checkout visibility and control necessary to thrive in the omnichannel landscape. With these services, the startup offers post-checkout visibility and business operations control across marketplaces, own checkouts, and physical stores.

According to its website, it works with brands such as Supertails, Meesho, Mensa, Rubans, among others.

The funds will be allocated towards enhancing its omnichannel visibility and development of its product suite. Additionally, the startup will recruit for its Go-To-Market (GTM) teams in India and the Middle East. 

Commenting on the need for omnichannel enablement, Caret Capital’s managing partner Prajakt Raut said, “While omnichannel is rapidly becoming mainstream, companies find it challenging to transition from a pure offline player to an omni-channel player, or vice-versa, as their existing supply chains and distribution networks are not designed for the omnichannel world.”

With markets becoming phygital with time, omnichannel is becoming a significant key to growth. Thus, from startups to global giants, businesses of all sizes are striving to crack this omnichannel code. 

Previously, the startup had secured over $500K in angel funding in 2022.





Source link

by INC42

SUMMARY Alongside disclosing its financial performance for Q2 FY26, logistics major Delhivery announced its plans to foray into the fintech segment today Its board has considered and approved the incorporation of a new wholly owned subsidiary (WOS) Delhivery Financial Services with an initial investment of INR 12 Cr The dedicated fintech vertical would enable Delhivery to provide access to credit, payment, FASTag aggregator, fuel cards and insurance solutions for its partners — truckers, fleet owners, riders, and MSMEs

by INC42

SUMMARY The company had reported a profit of INR 10.2 Cr in the year-ago quarter and INR 91.1 Cr PAT in Q1 FY26 Operating revenue grew 17% YoY and 12% QoQ to INR 2,559.3 Cr Total expenses zoomed 18% YoY to INR 2,708.1 Cr Logistics major Delhivery slipped into red in Q2 FY26, reporting a net loss of INR 50.5 Cr compared to a profit of INR 10.2 Cr in the year-ago quarter, as the integration of Ecom Express impacted the bottom line. The company had reported a profit of INR 91.1 Cr in preceding Q1 FY26.  Operating revenue grew… Source link

by INC42

SUMMARY Shadowfax plans to raise up to INR 2,000 Cr ($225 Mn), split evenly between a fresh issue and an offer-for-sale component via IPO More than half of the proceeds will be channelled into network expansion, with around INR 562 Cr earmarked for building infrastructure and leasing new first and last-mile centres Quick commerce is where our business growth is. Still nascent, we were able to scale this offering to 50 Lakh orders per day: Shadowfax CEO Flipkart-backed ShadowFax is positioning itself to become the country’s… Source link