ClickPost, a logistics intelligence platform for online retailers, has recently raised $6 million in Series A funding led by Inflexor Ventures partners and Athera Venture Partners.
Inflexor Ventures is a sector-agnostic VC firm that invests in deep and emerging technology start-ups from pre-Series A to Series A+ stages. Athera is an early-stage venture capital firm that invests in category-defining technology and tech-based companies across sectors, from the Seed to Series A stages.
The round also saw participation from Riverwalk Holdings and an existing investor, Rebright Partners. The company has a slightly different story than most start-ups in today’s world because it first achieved profitability in 2019 and has since powered its growth using its own revenues.
It was initially launched as a developer tool to help engineers integrate with courier APIs. However, the company then pivoted to providing a post-purchase experience platform for brands, which over the years has evolved to serve all their logistics tech needs. Over 300 enterprises across India, North America, APAC, and the Middle East use ClickPost, as per a company statement.
Naman Vijay, the co-founder and CEO of ClickPost, said, “Indian SaaS companies have a tremendous opportunity to serve the high-growth Indian D2C brands benefiting from increased consumption in India and then capture global enterprises with a ‘Build in India and Sell to the World’ strategy that continues to pay rich dividends for Indian SaaS companies.”
He further added, “E-commerce is a space where vertical AI products will see a lot of adoption as brands look to grow more efficiently and compete with the likes of Amazon, who have vast resources to provide a more data-driven experience to shoppers. This puts the onus on SaaS companies like us to provide solutions that keep brands at the forefront of innovation.”
