fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Governments
  • Lists
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Featured

SupplyNote secures $1.2 million in funding to scale up India expansion

Team AsiaTechDaily by Team AsiaTechDaily
29 October 2021
in Featured, Software
0
SupplyNote
1
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

SaaS startup SupplyNote raised $1.2 million in a pre-series round A led by Venture Catalysts.

The B2B SaaS company that helps F&B businesses digitise and automate their supply chain and procurement has raised a total of $2.8 million since its inception in 2015.

US-based Astor Management, SOSV, Riso Capital, and Manjal Investment, Angelbay, SucSEED Ventures, DevX Fund, Sarcha Advisors, and Faad Network participated in the investment round.

Previously, it has raised its rounds from GHV Accelerator, Artesian Ventures, and DAS Capital amongst others.

Kushang, co-founder & CEO of Supplynote, said they witnessed a growth of 800% in digital procurement through their platform even during the pandemic under fiscal year 2020-2021 in their presence in 41 cities in 3 countries.

“We are working towards further refining our tech offerings, and strengthening our presence within the F&B ecosystem in new geographies,” he said, adding that by the end of the fiscal year, they aim at widening their footprint in India, the Middle East, and Southeast Asia.

Vikrant Varshney, Managing Partner – SucSEED Innovation Fund, said SupplyNote will help upgrade the relationship between businesses and their suppliers.

SupplyNote is using technology and an innovative business model to digitize the supply chain for F&B businesses in India.

The funds will be utilized in hiring and upgrading the tech stack, scale up its HoReCa marketplace, extend credit options through partners, enabling easier transactions between restaurants and suppliers, and reinforce its fulfillment service function.

Part of the amount will be used in closing strategic partnerships with POS, Payments, and Loyalty companies.

William Bao Bean, General Partner at SOSV, said SupplyNote is powering the backbone of India’s economy with the digitization of India’s supply chain.

Apoorva Ranjan Sharma, president and Co-founder of Venture Catalysts, said the company is one of the start=ups that “hold the potential to reform”.

Sri Purisai, Founder and General Partner of Riso Capital, on the other hand, said SupplyNote provides an intelligent platform for international F&B brands entering India.

Previous Post

Bug Bounty platform Immunefi raises US$5.5 million in seed funding

Next Post

Philippine startup CloudEats raises $5m in Series A funding

Related Posts

edit post
CEO Jung Hae-hyun of Newjak
Content & Games

CEO Jung Hae-hyun of Newjak is to promote K-culture in the global market with XR content

September 25, 2023
edit post
View of Pangyo Techno Valley (Image source: Pangyo Techno Valley website)
Events

Gyeonggi Province Economic and Science Promotion Agency Facilitates Global Expansion for Pangyo Startups

September 26, 2023
edit post
Corobot, a disinfecting robot developed by Hills Robotics(Image: Hills Robotics Homepage)
Featured

Korea’s Pangyo Techno Valley: A Pioneering Hub in the Global Robot Industry

September 20, 2023
edit post
Choi Hyun-seok, CEO of F&S Holdings
AR & VR

Fassker CEO on Revolutionizing Fashion through Digital Innovation & Metaverse Technology

September 19, 2023
edit post
Panoramic view of Huons headquarters (Source: Huons YouTube)
Featured

Pangyo Techno Valley, a Cluster of the Korean Beauty Industry, Strengthens Its Global Competitiveness

September 15, 2023
edit post
(Photo = beSUCCESS)
Events

“Born2Global Center”, a Business Support Organization for Global Expansion of Startups, Is Transformed into the “Global Digital Innovation Network Foundation.”

September 14, 2023
Next Post
edit post
CloudEats

Philippine startup CloudEats raises $5m in Series A funding

Discussion about this post

No Result
View All Result

Popular Posts

  • The Top 5 Dating Apps In Asia – 2023

    85 shares
    Share 34 Tweet 21
  • Japanese EV Startup Terra Motors Raises $28 M in Series C Funding for Infrastructure Expansion

    41 shares
    Share 16 Tweet 10
  • How Rohan Gupta Co-Founder And CEO Of QuillBot Raised $4.25M To Make Writing Painless?

    19 shares
    Share 8 Tweet 5
  • Inshorts CEO Azhar Iqubal: The entrepreneur who got news curated for the Millenials & Gen Z 

    18 shares
    Share 7 Tweet 5
  • How Roland Ros, Founder Of Kumu Raised $6M To Build The #1 Grossing Social App In the Philippines?

    16 shares
    Share 6 Tweet 4
  • Kimberly Yao, CEO And Co-Founder Of CloudEats- A Pioneer Cloud Restaurant Company In SouthEast Asia

    16 shares
    Share 6 Tweet 4
  • Singapore’s VTAC Seals $676 Million Deal to Acquire 17Live Streaming Platform

    16 shares
    Share 6 Tweet 4
  • Top 10 Fintech Startup Investments Powering Southeast Asia in 2023

    15 shares
    Share 6 Tweet 4
  • Yoma Strategic announces plan to acquire Telenor Group’s stake in Wave Money

    13 shares
    Share 5 Tweet 3
  • Indian FinTech startup Jar raises US$32 million in Series A

    11 shares
    Share 4 Tweet 3




  •  Australia
  •  Austria
  •  Bangladesh
  •  Bhutan
  •  Brunei
  •  Bulgaria
  •  Cambodia
  •  Canada
  •  China
  •  Dubai
  •  Europe
  •  Finland
  •  France
  •  Germany
  •  Greater China
  •  Hong Kong
  •  India
  •  Indonesia
  •  Ireland
  •  Israel
  •  Japan
  •  Laos
  •  Lithuania
  •  Malaysia
  •  Mexico
  •  Mongolia
  •  Myanmar
  •  Nepal
  •  Netherlands
  •  New Zealand
  •  Norway
  •  Pakistan
  •  Philippines
  •  Poland
  •  Puerto Rico
  •  Qatar
  •  Russia
  •  Signapore
  •  Singapore
  •  South Korea
  •  Sweden
  •  Switzerland
  •  Taiwan
  •  Thailand
  •  Turkey
  •  Ukraine
  •  United
  •  United Kingdom
  •  United States
  •  Uzbekistan
  •  Vietnam

Topics

  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • Gadgets & Electronics
  • Health & Bio

  • Ecosystem
  • EdTech
  • Featured
  • FinTech
  • Investments
  • IoT
  • Marketplaces & E-commerce
  • Robotics
  • Transportation & Logistics

FREE NEWSLETTER

Follow Us

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Governments
  • Lists
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback