Logibricks Technologies Pvt Ltd, a Pune, Maharashtra-based (software-as-a-service) SaaS platform that enables online retailers to manage their end-to-end operations on the post-purchase side, raised $1.5 million in funding from Zomato Ltd-backed e-commerce shipping and enablement firm Shiprocket.
Logibricks will be using the funds to revamp its current platform and launch the upgraded version by April. The company will also use the funds for product innovation and hiring employees.
Company: Logibricks Technologies Pvt Ltd
Raised: $1.5M
Round: unknown
Funding Month: February 2022
Lead Investors: Shiprocket
Additional Investors:
Company Website: http://www.logibricks.com/
Software Category: Order Management
About the Company: Founded in 2017 by Ameya Shah, Karan Kabra, and Shereef Mohammed. Logibricks is a SaaS platform that helps online retailers manage their post-purchase operations from start to finish. It provides support in multiple areas such as product cataloging, order management, inventory management, warehousing, order fulfillment, returns management, and payment reconciliation. Logibricks offers a seamless experience to its customers via integrations with popular shopping carts, marketplaces, logistics partners, and payment gateways, all accompanied by robust consumer analytics. The company aims to become a tech enabler with Shiprocket in the post-purchase D2C (direct-to-consumer) ecosystem by creating an open application programming interface (API) for other players to enable integration through its platform. The company claims to have 70 employees currently.
Source: https://www.vccircle.com/zomato-backed-shiprocket-invests-in-logistics-saas-platform-logibricks