Pando, a San Jose, CA and Chennai, India-based provider of a supply chain software platform, raised $30M in Series B funding.
The round, which brought the total amount to $45M, was led by Iron Pillar and Uncorrelated Ventures, with participation from existing investors Nexus Venture Partners, Chiratae Ventures, Next47, David Dorman, Tom Noonan, Scott Kirk, Paul Brown, Nick Mehta, and Amar Goel.
The company intends to use the funds to drive its growth across geographies and industries.
Co-founded by Abhijeet Manohar and Nitin Jayakrishnan, Pando specializes in supply chain technology with its AI-powered, no-code Fulfillment Cloud platform. Its Fulfillment Cloud provides manufacturers, retailers, and 3PLs with tools to streamline the end-to-end order-to-fulfillment process to improve service levels and reduce carbon footprint and costs.
The company serves Fortune 500 enterprises globally such as Johnson & Johnson, Procter & Gamble, Nestle, Nivea, Accuride, Danaher, Perfetti Van Melle, and BP Castrol.
FinSMEs
03/05/2023