Supply Chain tech-based startup Elixia Tech Solutions Ltd has raised $1 million Pre-Series A funding led by RVCF and other angel investors.
With this investment, Elixia Tech is planning to scale up its presence in both domestic and international markets, the statement said.
Announcing the investment, Elixia Tech’s Founder, Sanket Sheth added, “This is a very important milestone. While supply chains have evolved from on-ground manual operations to something as advanced as digital twins, majority of companies are still stuck somewhere in between. With the world going through the impact of external changes, it has now become even more imperative to bring in real-time visibility, optimization & transparency in the supply chain. Thus, I believe that now is the right time and the right place to get the right products to make waves in the Indian as well as Global Logistics Market.”
Gaurav Chowdhry, VP, RVCF said, “The growth of supply chain is majorly dependent on the growth of supply chain software solutions market. Supply chain solutions give the power and visibility to monitor processes, identify the exact underperforming areas and gain reliable data-driven insights to efficiently run operations. We are truly impressed with Elixia’s management team, their commitment to providing new-age solutions and impressive growth..”
Elixia Tech is a company founded in 2011 with a mission to incubate high-end technological innovations in the field of supply chain. Elixia Tech is associated with hundreds of customers across FMCG, Pharmaceutical, Chemical, 3PL and many more sectors.
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