Elixia Tech, a Mumbai, India-based supply chain tech startup, raised $1 million in pre-Series A funding led by Rajasthan Venture Capital Fund.
The company intends to use the funds to scale up its presence in both domestic and international markets.
Company: Elixia Tech Solutions Ltd
Round: pre-Series A
Funding Month: September 2021
Lead Investors: Rajasthan Venture Capital Fund
Company Website: https://elixia.tech/
Software Category: Supply Chain
About the Company: Founded in 2011 and led by Sanket Sheth, Elixia Tech provides technological innovations in the field of the supply chain. The company had introduced its first product in Vehicle Telematics space, followed by a completely digital and efficient suite of supply chain solutions, under the umbrella of Supply Chain Control Tower. It provides interlinked softbots for all segments of logistics, warehouse inventory that controls supply chain planning, execution to reduce costs and bring visibility for goods-in-transit and provide actionable business intelligence using Machine Learning.