Unicommerce Raises Undisclosed Funds From Nexus Venture Partners


Bangalore: Unicommerce, a provider of SaaS based order management and fulfillment platform has officially announced that it has procured funding from Nexus Venture Partners. Though there are no much details available on the funding amount and terms, it is clear that the startup would use the funds for aggressive marketing and sales, reports efytimes.com.

Founded and incorporated in 2012 by three classmates from IIT Delhi - Ankit Pruthi, Karun Singla, Vibhu Garg, Unicommerce has strived qualitatively to receive funding in just a year’s time. With its flagship product – Uniware, an easy to deploy web based solution that manages the complete order fulfillment lifecycle with which companies can easily manage their vendors, warehouses, inventories and returns. This platform also automatically updates inventory details and order throughout the supply chain by removing possibilities of stock outs.

Unicommerce is fulfilling a growing market need in India and overseas for simple, easy to deploy and use order, inventory management and fulfillment platform for online and offline businesses. We are excited about the opportunity and delighted to partner with the bright and nimble team at Unicommerce,” said Anup Gupta, Managing Director, Nexus Venture Partners.

Unicommerce provides its services to a whole lot of startups and other big established companies that include Jabong, snapdeal etc. It also caters its services to SME’s and other businesses.

“We are thrilled to work with Nexus Venture Partners who have deep experience in helping build market leading companies. The funding will help Unicommerce increase sales and marketing efforts and continue to build its product and infrastructure,” said Ankit Pruthi, Co-founder, Unicommerce.com.

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