Wednesday, November 29, 2023
HomeInsightFunding Alert Secures $1 Million In Pre-Series Funding

[Funding alert] Secures $1 Million In Pre-Series Funding

Inflection Point Ventures, the pre-Series investment round's lead investor, secured $1 million for, a B2B platform for the warehouse, logistics, and industrial sectors.

Inflection Point Ventures, the pre-Series investment round’s lead investor, secured $1 million for, a B2B platform for the warehouse, logistics, and industrial sectors.

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The money will be used to grow the commercial and technical teams, advance the technology behind the platform, and strengthen its brand visibility, as reported by Indianweb2.

“We’re thrilled with the amazing response from the market and clients. We’ve worked hard to understand and fix industry challenges. Now, we’re the go-to for companies needing land, warehouses, and facility setups in logistics, retail, and more. Our platform is buzzing with companies listing their spaces and products, attracting buyers and investors. We’re excited to partner with the government, supporting national growth by creating the right facilities. Our goal is to help small businesses, startups, and Make-in-India companies succeed on our platform,” said Alok Bansal, founder, 13sqft.

Read also – [Funding alert] Teleport Secures $500k In Pre-Seed Funding Round

By bringing together the market for specialized warehouse requirements, Alok Bansal and Payal Chaudhary’s 2021 launch of 13Sqft organized a dispersed and disorganized base of building materials, equipment, and fittings for warehousing. It is also developing tech-driven designs for the best space planning and estimating warehouse setup expenses.

Read also – [Funding alert] Bizpay Secures Undisclosed Amount In Seed Funding Round

“13sqft is an innovative B2B platform which will streamline operations and provide end-to-end solutions for the logistics industry. This B2B digital platform ensures faster turnaround time and helps clients to validate expenditure and select the best solution for optimal results. We are excited to support 13Sqft’s journey as they reshape the future of warehousing and logistics, offering a tech-driven solution that addresses the industry’s challenges and transforms them into opportunities for success,” said Ankur Mittal, co-founder, Inflection Point Ventures.


The first and largest B2B digital platform in India, was created exclusively for the cold chain, logistics, and warehousing sectors. All of your needs for places, infrastructure, automation, and technology may be met here.

Veteran professionals in the field have confidence in 13SQFT to handle end-to-end procurement for all factories, warehouses, retail centers, fulfillment centers, delivery hubs, and industries. Our goals are to shorten TAT, assist clients in validating current costs, and help them select the best option for the greatest outcomes.

Read also – [Funding alert] HyugaLife Invests INR 4 Cr In Women’s Healthcare Company Inaari

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