B2B SaaS platform Mojro recently announced securing $3 million in funding led by IAN Alpha Fund, with additional investment from 1Crowd and existing backers. The company plans to utilize the capital to expand its presence in the US and Southeast Asia, improve its AI-powered optimization platform, and strengthen its product, engineering, and sales teams.
Established in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro specializes in developing a B2B SaaS platform tailored for logistics planning and optimization. Serving a clientele comprising mid to large enterprises across various sectors such as CPG, retail, courier, dairy, and e-commerce, Mojro’s platform enables customers to streamline route optimization, handle delivery constraints efficiently, and reduce logistics expenses.
Operating on a usage-based SaaS model, Mojro derives more than 60% of its revenue from international markets, including the US, Malaysia, Singapore, and the Philippines. The company has forged collaborations with consulting and technology firms in the US to enhance customer acquisition efforts.
Through its flagship products, PlanWyse and ExecuteWyse, Mojro provides optimization and real-time execution tools tailored for supply chains. The company claims that its customers can achieve up to 20% savings in logistics costs and witness tangible results within just 90 days of deployment.
Source: Entrackr : Latest Posts