Elixia Tech: Raises USD 1M in Pre-Series A Funding

Elixia Tech Raises USD 1M in Pre-Series A Funding

  • Elixia Tech, a Mumbai, India-based supply chain tech startup, raised USD1M in Pre-Series A funding
  • The round was led by Rajasthan Venture Capital Fund
  • The company intends to use the funds to scale up its presence in both domestic and international markets
  • Founded in 2011 and led by Sanket Sheth, ElixiaTech provides technological innovations in the field of supply chain
  • The company had introduced its first product in Vehicle Telematics space, followed by a completely digital and efficient suite of supply chain solutions, under the umbrella of Supply Chain Control Tower
  • ElixiaTech serves hundreds of customers across FMCG, Pharmaceutical, Chemical, 3PL and many more sectors
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

City of London Police Launches Fraud Reporting Service

New service aims to streamline fraud reporting for victims in London.Highlights: City of London Police introduces a dedicated...

Workplace Finance Provider Stream Secures $90 Million Funding Boost

The investment aims to enhance services for employees and businesses.Highlights: Stream raises $90 million in Series C funding.Investment...

MPS Criticizes Regulators for Overlooking Financial AI Risks

Calls for expedited regulatory measures to address emerging AI challenges.Highlights: MPS expresses concern over financial AI risks.Regulators urged...

Lloyds Launches AI Academy to Enhance Staff Skills

New initiative aims to equip employees with essential AI competencies.Highlights: Lloyds launches AI Academy for staff skills enhancement.The...