Mojro Technologies Raises USD 5.5 Mn in Series A Round
The fresh capital will be used to expand its global presence and enhance product innovation.
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Mojro Technologies, an AI-driven supply chain optimisation startup, has raised USD 5.5 million in a Series A funding round.
The round includes a previously announced USD 3 million investment led by IAN Alpha Fund with participation from 1Crowd, along with a USD 2.5 million extension backed by Dallas Venture Capital.
The fresh capital will be used to expand its global presence and enhance product innovation.
Founded in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro operates as a B2B SaaS platform focused on logistics planning and optimisation.
Its platform uses artificial intelligence, advanced analytics, and heuristic algorithms to improve route planning, scheduling, and capacity utilisation.
The startup said its solutions can help mid- to large-sized enterprises reduce logistics costs by up to 20 percent, with measurable outcomes typically seen within 90 days.
Mojro serves sectors including consumer packaged goods, retail, e-commerce, dairy, and courier services. Its products, such as PlanWyse and ExecuteWyse, are designed to provide real-time planning and operational insights.
Industry estimates suggest the global AI in logistics market could reach USD 38.68 billion by 2026, growing at a rapid pace, reflecting increasing adoption of AI-based solutions in supply chain management.
Mojro Technologies, an AI-driven supply chain optimisation startup, has raised USD 5.5 million in a Series A funding round.
The round includes a previously announced USD 3 million investment led by IAN Alpha Fund with participation from 1Crowd, along with a USD 2.5 million extension backed by Dallas Venture Capital.
The fresh capital will be used to expand its global presence and enhance product innovation.
Founded in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro operates as a B2B SaaS platform focused on logistics planning and optimisation.
Its platform uses artificial intelligence, advanced analytics, and heuristic algorithms to improve route planning, scheduling, and capacity utilisation.
The startup said its solutions can help mid- to large-sized enterprises reduce logistics costs by up to 20 percent, with measurable outcomes typically seen within 90 days.
Mojro serves sectors including consumer packaged goods, retail, e-commerce, dairy, and courier services. Its products, such as PlanWyse and ExecuteWyse, are designed to provide real-time planning and operational insights.
Industry estimates suggest the global AI in logistics market could reach USD 38.68 billion by 2026, growing at a rapid pace, reflecting increasing adoption of AI-based solutions in supply chain management.
