Delhi-based start-up Wherehouse.io has raised an undisclosed seed capital led by Better Capital to build advanced solutions and capabilities to disrupt the D2C logistics market. Besides Better Capital, marquee investors like First Cheque, Java Capital, Titan Capital, and Upsparks also participated in this round. The first round of funding will facilitate this start-up to meet the requirements of contemporary e-tailers and the present market demand.
Started in October 2020 by Lavelesh Sharma Vaibhav Chawla, Jeevan Prakash, Wherehouse.io helps D2C brands intelligently place orders across their wide network of warehouses and offers end-to-end connectivity in minimum time. In a short span of time, the start-up has scaled up to 12 cities, establishing a network of 2,500 warehouses. They also provide a storage facility by enabling people to capitalize on the extra space one may have in the house, by turning it into a storehouse. Their website also mentions technology-based inventory, flexible mechanisms, This helps brands better their customer experience via a fulfillment technology platform.
Categories: Seed Funds