Funding News: Logistics Platform Xindus Raises $10 Million Pre-Series A Led by 3one4 Capital

Startup: Xindus

Founder: Saurabh Goyal

About us: Xindus pioneers the cause of empowering Indian SMEs by democratizing X-border trade. Xindus harnesses the transformative power of Technology, Talent, Collaboration, & Community, to ensure that SMEs exporting to global markets can now compete with the biggest in the business – and win!

Founded Year: 2022

Office: Interact with the map to explore all locations

Sector: Technology, Information and Internet

Funding Round: Pre-Series A

Investors: 3one4 Capital (Lead Investor), Orios Venture Partners (Co-lead), Shastra VC (Existing Investor), Caret Capital (Existing Investor)

News: Xindus, an end to end cross border logistics startup to support Indian SMEs' global reach, has raised $10 million in a pre-Series A round of funding headed by 3one4 Capital. Orios Venture Partners also co-led the round and was joined by current investors Shastra VC and Caret Capital. The firm is expecting to put the new funding towards expanding operations, growing its customers from 1,000 to 10,000 within a period of 12 to 18 months while aiming to grow to $200 million of GMV.

Xindus seeks to enhance its presence both in India and the US, as well as extend its market base to the UK, Canada, Australia, Europe, and the Middle East. The startup plans to continue to invest in its flagship service, XindusOne, empowering Indian SMEs to go global, automate order fulfillment, ship globally, and manage trade compliance and finance flows effortlessly with the new funds.

Website: xindus.net