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Supply chain and warehousing startup Emiza has closed its INR 100-Cr Series C funding round led by Evolvence India and Mirabilis Investment Trust.
The round which came at a valuation of INR 400 Cr comprised a mix of primary and secondary investments, enabling exits for some early investors.
The fresh capital will drive innovation, enhance warehouse technology, improve automation, and expand its footprint with new facilities
Supply chain and warehousing startup Emiza has closed its INR 100 Cr Series C funding round led by Evolvence India and Mirabilis Investment Trust.
The round which came at a valuation of INR 400 Cr comprised a mix of primary and secondary investments, enabling exits for some early investors.
The fresh capital will drive innovation, enhance warehouse technology, improve automation, and expand its footprint with new facilities.
“India’s e-commerce sector is experiencing rapid transformation, driven by innovation in logistics and warehousing. Emiza has emerged as a key enabler in this ecosystem, delivering customised warehousing and fulfilment solutions that elevate customer experiences and drive operational excellence for its partners,” said a statement quoting Evolvence India managing partner Ajit Kumar and principal Deependra Singh Dhamu.
Founded in 2015 by Ajay Rao, Emiza offers warehousing and fulfilment solutions to offline and online customers. The startup is a third-party logistics partner to more than 150 direct-to-consumer (D2C) and business-to-business (B2B) brands across India.
The startup has secured a cumulative funding of over $20 Mn to date. It enjoys the backing of institutional investors like JM Financial Private Equity and Mayfield India as well as individual investors like Nishant Rao from Freshdesk and Dileep Nath from Aaroha Pte. Ltd.
It competes with the likes of Shiprocket, Delhivery, WOW Express and ShipBob in the logistics service offering.
The development comes at a time when logistics startups are drawing huge funds from investors. Last November, Locad raised $9 Mn to expand its offerings in Saudi Arabia and the United Arab Emirates.
Inc42 reported that the Indian logistics industry, armed with more than 165 companies and with total funding surpassing $11.85 Bn, is on track to grow from $349.4 Bn in 2025 to $545.6 Bn by 2030.
