Logistics startup Omnivio raises $1.02 million seed funding, data-driven platform Done Deal gets $800K in pre-seed round

E-commerce and omni-logistics platform for enterprises Omnivio has raised $1.02 million while data-driven platform Done Deal has received $800K in pre-seed round of funding.

With the new round, Omnivio has raised total funds of Rs 12 crore ($1.5 million). Image: Pixabay

Logistics startup Omnivio raises $1.02 million seed funding

Noida-based e-commerce and omni-logistics platform for enterprises Omnivio has raised $1.02 million in its latest seed round of funding, the company announced on Tuesday, October 17.

In the round, Caret Capital (formerly known as Supply Chain Labs) invested as the lead investor. Other investors like Blume Ventures, Eximius VC, SuniconVenture Fund, Misfits, and several angel syndicates and individual investors from India, the Middle East, and Southeast Asia also participated in the round. Existing investors—91 Ventures, Dexter Angels, and Supermorpehus—also took part in the latest round, the company informed through a press note.

With the new round, Omnivio has raised total funds of Rs 12 crore ($1.5 million).

“While omnichannel is rapidly becoming mainstream, companies find it challenging to transition from a pure offline player to an omnichannel player, or vice versa, as their existing supply chains and distribution networks are not designed for the omnichannel world. Startups can play an enabling role, and Omnivio has been able to distinguish its strategy and business model," said Prajakt Raut, managing partner at Caret Capital.

"The OmnivoSaas platform provides brands a control tower for managing synchronisation between different stakeholders and delivers gold-standard consumer experiences. We are excited to partner with Sidhartha, Anuj, and the team at Omnivio as they march towards transforming India’s value chain," Raut added.

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Data-driven platform Done Deal gets $800K in pre-seed round of funding

Data-driven platform Done Deal has received $800,000 in its pre-seed round led by Gruhas, a VC fund launched by Nikhil Kamath and Abhijeet Pai. In the latest round, other investors, like The BarberShop with Shantanu – Raisers Edge, WFC, Capital-A, Dezerv Innovation Fund, and ICE.VC, and prominent angel investors, according to a press note.

Done Deal plans to use the funds to ramp up product development and scale the platform.

Done Deal helps startups by building an operating system of products and services that aid them in their journey from idea to exit. Since its launch, the company claims to have traction with over 500 startups.

Another funding in the startup space

Today, space-tech startup Agnikul Cosmos, incubated by IIT-Madras, announced that it had raised Rs 200 crore in the Series-B funding round and aimed to use that to support its expansion plans, as the firm looks at putting satellites in orbit.

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