O4S raises an undisclosed amount in an extended Pre-Series A round

O4S, a three-year-old Gurugram-based SaaS Company, has raised an undisclosed amount in an extended Pre Series A funding by strategic investors. The investors include Amit Singhal, former head of Google search, Subhrakant Panda, CEO, MD at Indian Metals & Ferro Alloys Ltd, Siddharth Bhavnani, Founder at Antares Legal and Bikram Singh Bedi, President Strategy and New initiatives at Grofers. The company was founded by Divay Kumar and Shreyans Sipani in 2016.

Earlier, O4S had raised $2.1 Million in July this year in a Pre Series A funding round led by Venture Highway.

The company will use the funds to scale-up its product portfolio and business expansion in SouthEast Asia and the Middle East regions.

In a media statement,  Divay Kumar, Co-founder, and CEO at O4S, said, “These are exciting times for O4S. The value we bring to our clients is evident from the increasing demand for our product portfolio from existing clients and interest shown by new clients. Next-gen technologies such as IoT and Machine Learning are going to be key to our growth. We will utilize the new funds to enhance the technological capabilities of our product and expand our global footprint.”

O4S offers manufacturers technological solutions to optimize downstream supply chain operation and brand protection. O4S brings warehouses, distributors, retailers, and consumers on an easy to interact, mobile app-based platform helping organizations optimize planning and production. O4S currently has over thirty clients across industries in India and the Middle East region including eight Fortune 500 companies.

Website | + posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: