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Home Featured

Logistics platform Omnivio raises funds to build control tower products

Team AsiaTechDaily by Team AsiaTechDaily
04 August 2022
in Featured, Transportation & Logistics
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Capital Square Partners

Photo by Vladimir Solomianyi on Unsplash

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Omnivio, a Noida-based ecommerce and omni-logistics platform for enterprises that offers control towers enabled logistics marketplace, announced raising $400,000 in its angel funding round anchored by Supermmorpheus, Dexter Angels, and 91 Ventures.

The round also witnessed participation from an array of esteemed founders and angel investors from India & Middle East, including – Deepak Jain (Partner, Bain), Pranay Gupta ( 91 Springboard, 91 Ventures), Nikhil Bhandarkar (Founding Partner, Panthera Peak Ventures), Kushal Nahata & Gautam Kumar (Co-founders, FarEye), Mihin Shah (ex-Chief Supply Chain Officer, Landmark Group), Gaurang Jhunjhunwala (Partner, Mckinsey Dubai), Ashish Chitravanshi (Supply Chain Leader, ex-Myntra, Flipkart, Snapdeal) among others.

Incepted by two friends who are now its co-founders, Sidhartha Bhimania & Anuj Jain met while working at Snapdeal and ever since had a vision to start their own venture in the Ecommerce & Omnichannel Logistics space.

Omnivio empowers retailers and brands with a Single View of Omni-Operations (SVOO) and real-time actionable insights, leading to exceptional customer experience.

“This investment will enable us to boost our Control Tower effectiveness and build deeper product features; to solve our client’s most pressing challenges with respect to supply chain visibility and logistics control. With the right mentorship and advice of seasoned angels, we intend to scale up quickly and grow our client base by 5x by the end of this financial year,” said Mr. Sidhartha Kumar Bhimania, Co-founder of Omnivio.

Omnivio plans to use the investment to build a best-in-class Control Tower product, and enhance its technology infrastructure which would lead to a smoother and faster onboarding experience for the clients. A part of the raised funds will also be used towards partnerships and building an experienced & agile team.

The go-to-market strategy of Omnivio is to align at a strategic level with enterprises on supply chain strategy, deploy control towers, and improve their logistics in terms of visibility, customer experience, and cost of operations.

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