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Distribution Startup Ripplr Raises $12 Million In Debt, Equity

Dec 22, 2021•over 3 years ago

Amount Raised

$12 Million

BengaluruInformation Technology

Description

Distribution and logistics startup Ripplr has raised $12 million (around Rs 90 crore) in a funding round with a mix of equity and debt from Japanese firm Sojitz Corporation and Stride Ventures. The pre-series- B funding round also saw participation from existing investors 3one4 Capital, Zephyr Peacock India Growth Fund, and Chand Family Office.

Company Information

Company

Ripplr

Location

Bengaluru, Karnataka, India

About

Ripplr is a B2B retail technology platform that offers Distribution as a Service to FMCG brands. We are focused on digitising the multi-Billion dollar distribution industry, where large players are still traditional, to take products and services to retailer market through a plug-n-play, highly visible and easy-to-scale Supply Chain platform. Ripplr is well-positioned to offer a one-stop solution for distribution complexities. There is a strong moat in terms of our technology to connect between all levels of logistics, distribution, and retail intelligence. The company deploys predictive analytics to manage demand and inventory for both brands and retailers. It helps both prominent & new-age brands to seamlessly open up distribution channels and allocate logistics contracts, providing information on sales orders, live inventory, buying patterns, reducing inventory wastage and management costs, helping them focus on production and brand development.

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech