Increff, Supply chain Startup raises fund from Sequoia capital and others.
17th, July 2017 - Startup funding
Increff Startup which operate in Supply chain area raised $2Mn in a nding round led by Sequoia Capital. Warehouse management company Grey Orange Robotics and other angel investors also participated in the round.
Among the investors that joined the round were CareerNet co-founders Rishi Das and Anshuman Das; PremjiInvest’s Rajesh Ramaiah; and Jasbir Juneja, Director of research and advisory firm RedSeer Consulting.
The funds will be used to expand Increff’s customer base and product portfolio, as per reports. A portion of the funds will also go into hiring new people for the startup’s technology team.
Owned and operated by NextSCM Technologies, Increff is an end-to-end supply chain tech provider for fashion and lifestyle brands. Its clientele includes Zivame, Aditya Birla Group-owned Abof, Campus Sutra, and Brand Studio Lifestyle Pvt. Ltd.
Categories: Startup Event , Startup , Startup community , News , Food tech , Legal tech startup , HR Tech , Tech Startup , Guest blog , Featured entrepreneur , FinTech , International news , International Startup , Analytics , Product review , Social enterprise , Health care , My journey , Co working space , Fashion , Sponsored , F&B