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Xindus, a full-stack, cross-border trade-enablement startup for small and medium enterprises (SMEs), has raised $10 million in its Pre-Series A Funding round led by early-stage venture firm 3one4 Capital and Orios Venture Partners.
Existing investors Shastra VC and Caret Capital also participated in this round.
The startup plans to use the new funds to grow its operations over the next 12–18 months and increase its gross merchandise value from $30 million to $200 million.
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“Over the next 12 months, we will continue to grow our customer base from the current 1,000 to 10,000. We will also expand geographically and deepen the platform beyond where it is today by integrating more financial flows and enhancing demand-generation capabilities,” founder and chief executive Saurabh Goyal said.
“Currently, the US accounts for about 75% of our business, while the UK makes up 25%. We started in the UK about six months ago, whereas we’ve been building in the US for almost two years now,” said Goyal. “Now that we’ve built the basic technology framework — which we initially developed for the US market — the newer markets we are launching are scaling much faster,” he said.
Anurag Ramdasan, partner at 3one4 Capital, said, “Given the recent trends in global markets, India stands at a unique position to scale up its exports. We believe platforms like Xindus can fast-track india’s export growth, enabling manufacturers with the tools to streamline exports.”
About Xindus
Founded in 2022 by Goyal, Madan Mohan, Jaikaar Singh and Saptarshi Datta, Xindus provides an all-in-one platform for global trade, helping small and medium businesses with shipping, warehousing, compliance, returns and financial management.
It mainly supports SMEs in sectors like fashion, home decor, jewellery, wellness and Ayurveda, along with D2C brands aiming to expand internationally.
The startup plans to grow its presence in India, the US, and the UK, while also expanding into new markets like Canada, Australia, Europe, and the Middle East.
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