HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Navata Supply Chain Solutions Raises Pre-series A Round from Equanimity Ventures

[Funding alert] Navata Supply Chain Solutions Raises Pre-series A Round from Equanimity Ventures

Navata Supply Chain Solutions, based in Hyderabad, announces successful closure of Pre-series A funding led by Equanimity Ventures. The funding will fuel Navata SCS’s mission to revolutionise India’s supply chain industry.

Navata Supply Chain Solutions, based in Hyderabad, announces successful closure of Pre-series A funding led by Equanimity Ventures. The funding will fuel Navata SCS’s mission to revolutionise India’s supply chain industry.

Adding value to the whole supply chain, from transportation and warehousing to last-mile delivery, the organisation adopts a holistic and customer-centric strategy. Their goal is to provide real-time insight at every stage and modernise B2B logistics through the application of technology and data-driven solutions.

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Hima Parvataneni, CEO, Navata Supply Chain Solutions“Helping customers overcome the hardship of managing multiple vendors, Navata SCS offers a comprehensive, one-stop solution for all their supply chain needs. Our holistic approach is aimed at reducing overall supply chain costs and streamlining operations. Through our partnership with Equanimity Ventures, we aim to grow our last mile and warehousing solutions, to help more customers reach their customers at every corner of the country in a cost-effective manner.”

Through the expansion of its network to every corner of the nation and the establishment of a strength of more than 1 lakh vetted and trustworthy merchants, even at the grassroots level, the cooperation with Equanimity Ventures enables Navata to enter its next phase of growth.

Vineel Parvataneni, COO, Navata Supply Chain Solutions, “Over the past four years, we have developed and refined our operational models to ensure seamless deliveries even in rural areas. Through our partnership with Equanimity Ventures, we aim to expand our network across every nook and corner of the country, with a mission of empowering over 1 lakh plus MSME logistics vendors. This expansion will enable us to provide comprehensive supply chain solutions nationwide.” 

The company plans to keep improving its proprietary software, NSCS one, by uniting supply chain data into a single platform and offering AI insights for supply chain optimisation. By assisting them in turning their supply chain into a competitive advantage rather than a cost centre and accelerating top-line growth, NavataSCS hopes to expand the reach of its purpose.

Rajesh Sehgal, Managing Partner, Equanimity Ventures, “Navata is solving the biggest pain point of the industry which is last mile delivery. With their deep network in the rural areas and expertise in modern trade, they are here to be the partner of choice for many brands. Hima and Vineel are passionate about bringing in supply chain efficiencies and we are excited to partner with Navata in their growth story.”

About Navata Supply Chain Solutions

Navata Supply Chain Solutions is an end-to-end supply chain company based out in Hyderabad. They provide tech-driven and customer-centric B2B logistics solutions, helping companies make their supply chain a competitive advantage. 

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