Breaking NewsIndian Beehive

Pickrr secures US$4M funding

Delhi: Pickrr Technologies, a Delhi-based logistics tech startup, today announced it has raised US$4 million in funding in a round led by Guild Capital and Omidyar Network India.

The firm will use the investment to continue its market expansion and product development.

Founded in 2015 by Rhitiman Majumder, Gaurav Mangla, Ankit Kaushik, Pickrr is an end-to-end plug-n-play logistics solution for e-commerce sellers and D2C brands that want to ship anything anywhere in India.

At the core of our technology lies CALCULA, a smart algorithm that provides courier recommendations aimed at improving delivery performance. This Machine Learning-based algorithm ensures each order is assigned to the best courier partner based on 20+ proprietary logistics features that have evolved through continuous evaluation and assessment. Thus, reducing the delivery time and ensuring there are is no hassle in the due process.

Pickrr claims it currently serves 26,000 pin-codes and handles 1.5 million shipments in a month.

Source
e27

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button