13SQFT, a Gurugram, Harayana-based leading B2B warehousing and logistics platform has raised $1 million in a pre-series round led by India-based venture capital firm Inflection Point Ventures.
The startup will use the raised funds to expand the commercial and technical teams, enhance the platform technology, and to elevate its brand presence, underscoring 13SQFT’s commitment to shaping the future of these industries in India.
Launched in 2021 by Alok Bansal and Payal Chaudhary, F13SQFT is India based B2B digital platform dedicated to warehousing, logistics, and cold chain sectors and also serves as a comprehensive solution hub, it caters to diverse needs including space, infrastructure, automation, and technology.
Speaking about funding in 13SQFT, Ankur Mittal, Co-Founder, of Inflection Point Ventures said, “13sqft is an innovative B2B platform which will streamline operations and provide end-to-end solutions for the logistics industry. This B2B digital platform ensures faster turnaround time and helps clients validate expenditures and select the best solution for optimal results. We are excited to support 13Sqft’s journey as they reshape the future of warehousing and logistics, offering a tech-driven solution that addresses the industry’s challenges and transforms them into opportunities for success.”
Commenting on the fundraise, Alok Bansal, Founder of 13sqft said, “We’re thrilled with the amazing response from the market and clients. We’ve worked hard to understand and fix industry challenges. Now, we’re the go-to for companies needing land, warehouses, and facility setups in logistics, retail, and more. Our platform is buzzing with companies listing their spaces and products, attracting buyers and investors. We’re excited to partner with the government, supporting national growth by creating the right facilities. Our goal is to help small businesses, startups, and Make-in-India companies succeed on our platform.”