Funding News: Logistics Provider 'Emiza' raises 100 crore in Series C Funding

Startup: Emiza

Founder: Ajay Rao

About us: Emiza Supply Chain Services Pvt. Ltd.  is a modern way of managing, storing and distributing inventory using quality infra and high tech systems. They are focused on providing end-to-end warehousing and fulfillment solutions to small and medium businesses and etailers.

Founded Year: 2023

Office: Mumbai

Sector: Supply Chain and Storage

Funding Round: Series C

Investors: Evolvence India and Mirabilis Investment Trust.

Third-party logistics provider Emiza has raised 100 crore in its Series C funding round, led by Evolvence India and Mirabilis Investment Trust. The round, valued at 400 crore, included both secondary and primary transactions. It allowed early investors Mayfield and Dileep Nath to partially exit.

Emiza plans to use the funds to enhance its management team, boost automation, and expand its technology offerings. The company is also focused on developing additional services to support faster deliveries, capitalizing on the increasing customer demand for quick fulfillment.

Ajay Rao, Founder and CEO of Emiza, shared his cautious optimism about the dark store model, which some quick commerce players use for high-demand deliveries.

However, he pointed out the significant cost challenges it poses for brands that operate their own websites with fast delivery windows like one or two hours. Rao believes the long-term focus will shift towards more sustainable delivery models, including six-hour or same-day deliveries, instead of ultra-fast options.

Website: http://www.emizainc.com/

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