Bengaluru-based B2B logistics platform Mojro has raised $3 million in a Series A funding round led by IAN Alpha Fund (the second fund in the IAN Group VC series), with participation from 1Crowd and other existing investors.
The platform plans to use the fresh capital to expand its presence in the US and Southeast Asia, strengthen its AI-driven optimisation platform, and scale its product, engineering, and sales teams across India and international markets.
Founded in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro operates as a B2B SaaS platform offering logistics optimization solutions for mid-to-large enterprises across various sectors, including CPG, retail, courier, express and parcel, dairy, and e-commerce.
The platform combines advanced technologies, including operations research, machine learning, and big data, to solve complex logistics challenges in real time, helping enterprises build more efficient, adaptive, and resilient supply chains.
Speaking about the funding round, Kishan Aswath, Co-founder & CEO, said, “With the differentiated optimization capabilities that Mojro offers and proven capabilities across the US, India & Southeast Asia, this funding will help us scale faster in these markets and further differentiate our offerings through innovation. Our mission is to empower mid-market and large enterprises with an AI-driven, highly scalable SaaS platform to execute optimal logistics plans and dramatically reduce operational costs across every mile of their supply chain journey.”
Commenting on the investment in Mojra, Rajnish Kapur, Managing Partner, IAN Alpha Fund, said, “The growth story of Mojro exemplifies the kind of supply chain analytics and logistics innovation that customers are looking for globally. Be it route optimization or sustainable operations, its AI-powered technology is solving real, on-ground inefficiencies with quantifiable outcomes. They are an excellent example of the kind of founders that IAN supports: those that have both great technological capabilities and obvious market relevance.”