In a major boost for the digital supply chain sector, Bengaluru-based Mojro has successfully raised $3 million in a new funding round. The investment was led by the IAN Alpha Fund—the second venture capital vehicle from the IAN Group—with significant participation from 1Crowd and a group of existing investors. This capital infusion is set to fast-track Mojro’s mission to become a global leader in AI-driven logistics optimization for mid-to-large scale enterprises.
Founded in 2016 by industry veterans Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro operates a cutting-edge B2B SaaS platform that tackles the complexities of modern logistics. By integrating Machine Learning (ML) and Big Data, the platform provides real-time route optimization, automated dispatching, and predictive analytics. The company currently serves a diverse portfolio of industries, including CPG, retail, e-commerce, dairy, and courier services, helping them reduce logistics costs by up to 20%.
A key highlight of this funding is Mojro’s aggressive push into overseas markets. Currently, the startup generates over 60% of its revenue from international regions, including the United States, Singapore, Malaysia, and the Philippines. The fresh $3 million will be primarily directed toward strengthening its footprint in the US and Southeast Asia, while also scaling its product and engineering teams in India.
“Our mission is to empower enterprises with a highly scalable AI platform that dramatically reduces operational costs across every mile,” said Kishan Aswath, Co-founder and CEO of Mojro. The company’s flagship products, PlanWyse and ExecuteWyse, allow businesses to manage over 120 custom constraints, such as vehicle capacity and traffic patterns, ensuring a seamless transition from planning to on-ground execution.
Mojro’s technology acts as a unified intelligence layer, connecting fragmented data points across the supply chain. This allows for:
- Dynamic Route Planning: Utilizing AI to adjust delivery paths in real-time based on weather and road conditions.
- 3D Bin Packing: Optimizing vehicle load space to minimize the number of trips and fuel consumption.
- Smart ETA Prediction: Providing customers and stakeholders with pinpoint accuracy on delivery timings.
With the global market for AI-powered logistics projected to reach nearly $17 billion by 2027, Mojro is well-positioned to capitalize on the increasing demand for sustainable and resilient supply chains. The IAN Alpha Fund’s backing underscores the growing investor confidence in Indian SaaS startups that solve high-stakes global problems through deep-tech innovation.
Key Highlights:
- Capital Boost: Mojro secured $3 million in a round led by IAN Alpha Fund and 1Crowd to scale its AI-powered logistics SaaS.
- Global Strategy: The funds will support expansion in the US and Southeast Asia, where the company already earns 60% of its revenue.
- Tech Innovation: The platform uses Machine Learning to provide route optimization and 3D loading, cutting logistics costs for enterprises by 20%.
- Market Position: Serving sectors like FMCG and Retail, Mojro targets the multi-billion dollar global supply chain automation market.