10.9 C
Munich
Saturday, October 26, 2024

Blitz raises $3 million funding from India Quotient, Better Capital, others

Must read


Blitz, a same-day delivery startup catering to omnichannel sellers has secured $3 million in funding from a group of investors, including India Quotient, Better Capital, First Cheque, Titan Capital, and other angel investors.

Blitz raises $3 million funding from India Quotient, Better Capital, others – Alto Nivel

The company will utilize the funds to strengthen its technological infrastructure and expand its network of dark stores.

Commenting on the funding, Mayank Varshney, co-founder CEO of Blitz in a statement said, “With simple-to-use products and high levels of operational excellence, we enable enterprises and medium-sized brands with the ability to orchestrate faster deliveries at efficient costs – providing their management and logistics team with visibility and higher controls.”

Anand Lunia, partner at India Quotient added, “Blitz offers a fabulous solution with a great team, addressing the evolving needs of omnichannel brands and meeting the 24-hour delivery expectations with logistics as an extension of the customer acquisition cost (CAC) funnel.”

Founded in 2021 by Gaurav Piyush, Yash Sharma, and Mayank Varshney, Blitz offers sellers same-day delivery enabling them to fulfill all orders on the same day.

Copyright © 2023 FashionNetwork.com All rights reserved.



Source link

- Advertisement -spot_img

More articles

- Advertisement -

Latest articles