Kul Bhushan · · 1 min readIndian supply chain and logistics firm banks $15m in series B round
SS Supply Chain (3SC), an India-based supply chain and logistics company, has raised US$15m in a series B round led by GEF Capital’s South Asia Fund.
The startup said it had last raised angel funding between 2013 and 2014 but did not disclose the amount.
The 3SC team / Photo credit: 3SC
Founded in 2012, 3SC provides businesses with tech-based supply chain solutions for planning and distribution, among other things. The company said its offerings are used by several blue-chip firms across industries, including pharmaceuticals, healthcare, ecommerce, and fast-moving consumer goods.
The Gurugram-based firm said it would use the fresh capital to expand its business in India and Southeast Asia. A portion of the funds will also go into strengthening 3SC’s software-as-a-service and analytics-as-a-service solutions.
The company will continue to invest in “building talent and technology” to reinforce the company’s growth, 3SC founder and CEO Lalit Das said in a statement.
Editing by Collin Furtado and Arpit Nayak
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