Supplytech startup Prozo raised $5.4 million in Pre-Series B via a combination of equity and debt financing led by Sixth Sense Ventures where JAFCO Asia and other investors also participated.
The startup will use the fresh funds to expand its client base, warehousing and logistics network, and deepen its Prozo Warehousing & Logistics (“PWLP”) SaaS platform. Through its network of 30 omni-channel fulfilment centres spread across 12 locations, the startup currently provides supply chain services to nearly 100 brands. The startup claims to have seen its warehousing footprint and client base grow by 10X since its last funding round
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