IAN Alpha Fund, the 2nd in the series of IAN Group’s VC fund, has led a USD $3 million funding round in Mojro, a SaaS platform for B2B logistics planning and optimization, with participation from 1Crowd and other existing investors. The new funding will support Mojro’s plans to expand its presence in the US and Southeast Asia, enhance its AI-driven optimization platform, and strengthen its product, engineering, and sales teams across India and international markets.
Founded in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro has built a powerful logistics optimization engine designed for mid to large enterprises in sectors such as CPG, Retail, Courier Express & Parcel, Dairy, and E-Commerce. The platform helps customers achieve up to 20% savings in logistics costs and realize value within 90 days of deployment. They combine Advanced Technologies, Operations Research, Machine Learning, and Big Data to solve complex logistics problems in real time to make supply chains more efficient, adaptive, and resilient.
The company operates on a B2B SaaS model with usage-based pricing and is already seeing strong global traction. Over 60% of the company’s revenues come from international markets such as the US, Malaysia, Singapore, and the Philippines. It has built a strong go-to-market strategy through partnerships with consulting and technology firms in the US, which has accelerated its growth. The new capital will help Mojro strengthen these partnerships, enter new customer segments, and introduce AI agents for advanced optimization, risk modeling, and real-time decision-making. The company is also growing its team across sales, marketing, product, and AI engineering, in both India and the US, to meet the growing demand from global enterprises.
Kishan Aswath, Co-founder & CEO, said, “We are proud to have IAN Group leading our Series A round. Supply Chain efficiency and resilience are core to businesses world over. Efficient and timely movement of goods is an objective that looks simple on paper, but is hard to achieve. With the differentiated optimization capabilities that Mojro offers and proven capabilities across the US, India & Southeast Asia, this funding will help us scale faster in these markets and further differentiate our offerings through innovation. Our mission is to empower mid-market and large enterprises with an AI-driven, highly scalable SaaS platform to execute optimal logistics plans and dramatically reduce operational costs across every mile of their supply chain journey.”
Rajnish Kapur, Managing Partner, IAN Alpha Fund, said, “The growth story of Mojro exemplifies the kind of supply chain analytics and logistics innovation that customers are looking for globally. Be it route optimization or sustainable operations, its AI-powered technology is solving real, on-ground inefficiencies with quantifiable outcomes. They are an excellent example of the kind of founders that IAN supports: those that have both great technological capabilities and obvious market relevance. With this funding, they will be able to deepen their product innovation, scale more quickly, and increase their presence in both Indian and international markets.”
Mojro’s flagship products, PlanWyse and ExecuteWyse, together offer a comprehensive, AI-driven suite for logistics planning, optimization, and execution. PlanWyse uses multi-dimensional optimization algorithms that factor in over 150 real-world constraints such as vehicle capacity, route restrictions, delivery windows, and cost variables, dynamically adapting to changing conditions to ensure efficient and practical plans. ExecuteWyse complements this with end-to-end visibility, real-time decision support, and collaboration tools, empowering businesses to respond swiftly to disruptions and build more resilient, agile supply chains.
The global logistics planning and optimization market was valued at USD 6.1 billion in 2023 and is expected to reach USD 15.8 billion by 2032, growing at a CAGR of 11.5%. With logistics networks becoming more complex due to e-commerce growth, supply chain disruptions, and sustainability goals, Mojro’s technology is uniquely positioned to help businesses cut costs, improve predictability, and reduce carbon footprints through smarter logistics planning.
About Mojro:
Founded in 2016 by Kishan Aswath, Amit Kulkarni and Ranganath Seetharamu, Mojro is a SaaS platform for B2B Logistics Planning and Optimization. The company helps mid to large enterprises across CPG, Retail, Courier Express & Parcel, Dairy and E-Commerce sectors save up to 20% in logistics costs.
Mojro operates on a B2B SaaS model, primarily with usage-based pricing. The platform combines cutting-edge technology with practical execution– delivering measurable savings in just 90 days.
Its multi-dimensional optimization ensures plans are both efficient and implementable. Heuristic algorithms learn and improve with each iteration, while its library of 150+ constraints and constraint modeler enable the platform to handle any logistics scenario, making it the most versatile solution in the industry.
About IAN Alpha Fund:
IAN Alpha Fund, a $100 Mn SEBI-registered Category II AIF VC Fund, is the 2nd fund in IAN Group’s series of funds. The Fund explores opportunities in diverse sectors such as healthtech, cleantech, deep tech, agritech, medtech, hardware and electronics, manufacturing, Web 3.0, Metaverse, Industry 4.0, SaaS, and other sectors where innovation is transformational. The Fund invests in innovative startups solving real problems for India and the world, with sustainable business models enabling scale by leveraging technology. With the IAN Alpha Fund, IAN Group continues its two-decade legacy of building a portfolio of technology-focused, innovative companies led by founders who not only understand customer needs but also have the leadership qualities to build large and valuable businesses.
About IAN Group:
IAN Group is the country’s single largest platform for seed and early-stage investment platform with IAN Angel Fund, BioAngels and its 2 VC funds, IAN Fund I and IAN Alpha Fund, enabling entrepreneurs to raise from Rs. 50 lakhs to Rs. 50 crores. The platform brings money, mentoring from successful entrepreneurs and global market access. The platform is sector-agnostic and has funded innovative start-ups across 19 sectors in India and 7 other countries, thereby growing the global footprint of companies. IAN has been listed by Forbes as one of iconic business and economic events of Independent India, over 75 years along with LIC, NASSCOM, RBI, Naukri.com amongst others.
