Startup News Magazine

Logistics Platform Omnivio raises USD 400k in angel round

Omnivio, a Control Tower-enabled Logistics Platform, raised funds in the angel round co-led by Supermorpheus, Dexter Angels, and 91 Ventures. 

Noida: Omnivio, a Noida-based Ecommerce & Omni-Logistics platform for enterprises that offers control towers enabled logistics marketplace, has announced raising $ 400 K in an angel funding round.

Supermorpheus, Dexter Angels, and 91 Ventures are among the angel leads and networks that have invested in Omnivio. The round also witnessed participation from an array of esteemed founders and angel investors from India & Middle East, including – Deepak Jain (Partner, Bain), Pranay Gupta ( 91 Springboard, 91 Ventures), Nikhil Bhandarkar (Founding Partner, Panthera Peak Ventures), Kushal Nahata & Gautam Kumar (Co-founders, FarEye), Mihin Shah (ex-Chief Supply Chain Officer, Landmark Group), Gaurang Jhunjhunwala (Partner, Mckinsey Dubai), Ashish Chitravanshi (Supply Chain Leader, ex-Myntra, Flipkart, Snapdeal) among others.

Incepted by two friends who are now its co-founders, Sidhartha Bhimania & Anuj Jain met while working at Snapdeal and had the vision to start their venture in the Ecommerce & Omnichannel Logistics space. Omnivio empowers retailers and brands with a Single View of Omni-Operations (SVOO) and real-time actionable insights, leading to exceptional customer experience.

“We are thrilled to have Supermorpheus, Dexter Angels, and 91 Ventures as strategic investors in Omnivio. This investment will enable us to boost our Control Tower effectiveness and build deeper product features; to solve our client’s most pressing challenges with respect to supply chain visibility and logistics control. With the right mentorship and advice of seasoned angels, we intend to scale up quickly and grow our client base by 5x by the end of this financial year,” said Mr. Sidhartha Kumar Bhimania, Co-founder of Omnivio.

“We believe that apart from larger marketplaces such as Amazon and Flipkart, there will be various mid-size marketplaces as well, and D2C businesses will continue to build and scale in India. Using Omnivio’s technology, they can continue to focus on brand building and customer acquisition, letting Omnivio do the heavy lifting. We like the team’s energy and experience to build and scale such a business,” said Mr. Sameer Guglani, Co-founder of Supermorpheus. 

“What impressed us was the remarkable experience of the co-founders and grand vision of enabling Amazon grade logistics & customer experience for the enterprises. Ecommerce and Omni-commerce enablement is a megatrend, and Omnivio is uniquely positioned to win in this market”, said Mr. Nikhil Bhandarkar, Founding Partner, Panthera Peak Ventures

Omnivio plans to use the investment to build a best-in-class Control Tower product and enhance its technology infrastructure, leading to a smoother and faster client onboarding experience. A part of the raised funds will also be used towards partnerships and building an experienced & agile team.