Supplytech startup Prozo raised $5.4 million in Pre-Series B funding, led by Sixth Sense Ventures along with JAFCO Asia and other investors.
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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, it currently provides supply chain services to nearly 100 brands. It claims that since its last funding round (when it raised $10 million), it has seen its warehousing footprint and client base grow by 10X.