Table of Contents
Introduction
Supply chain disruptions have become increasingly prevalent in recent years, posing challenges to business growth and hindering consumers’ access to high-quality products. Additionally, the use of siloed logistics software has further complicated business operations. In a recent study conducted by Deloitte, it was revealed that over 70% of manufacturing executives stated that their companies had experienced supply chain disruptions in the past year. Of those companies, 90% reported increased costs and declining productivity as a result. As global enterprises strive to enhance agility, efficiency, and resilience through investment in supply chain technology, the logistics tech market is expected to reach $25 billion by 2025. One logistics tech startup, Pando.ai, aims to address these challenges and promote supply chain agility for the future.
Pando.ai: Improving Startup Agility Through AI
Pando.ai, a Silicon Valley-based startup, offers a powerful no-code Fulfillment Cloud platform driven by AI, known as Pando. This platform brings together various logistics data, including rates, carriers, costs, contracts, customers, and suppliers, all in one place. The Pando platform also facilitates collaboration among logistics stakeholders and streamlines processes. In an exciting development, Pando.ai recently secured $30 million in Series B funding, with participation from prominent Silicon Valley investors such as Iron Pillar and Uncorrelated Ventures, as well as existing investors Nexus Venture Partners, Chiratae Ventures, and Next47. The funding injection, which brings Pando’s total funding to $45 million, will support further growth across industries and geographies.
Pando.ai: Revolutionizing Supply Chain Operations
Pando.ai, founded in 2016 by Abhijeet Manohar and Nitin Jayakrishnan, has developed a platform that enables businesses to optimize their supply chain operations. Leveraging machine learning and artificial intelligence, the platform provides real-time visibility and predictive analytics, empowering businesses to make data-driven decisions and enhance their supply chain performance. Iron Pillar, a leading investor in Pando, recognizes the potential of the logistics tech market for disruption. They believe that Pando, with its integrated approach and expertise in product development, is poised to redefine the industry.
Pando.ai’s Fulfillment Cloud: Enhancing Supply Chain Efficiency
Pando.ai’s Fulfillment Cloud is a cutting-edge, no-code platform driven by AI. It offers a streamlined end-to-end order-to-fulfillment process, catering to manufacturers, retailers, distributors, and 3PLs. The platform provides a comprehensive view of the entire supply chain through a single pane of glass. Already deployed successfully worldwide, Pando’s Fulfillment Cloud has proven its ability to improve service levels, reduce carbon footprint, and decrease costs for renowned Fortune 500 companies. Nestle, Johnson & Johnson, Procter & Gamble, Nivea, Danaher, Accuride, Perfetti Van Melle, and BP Castrol are just a few of the notable clients who have benefited from Pando’s innovative solution.
Partnerships to Drive Pando.ai’s Growth
Nexus Venture Partners, an existing investor in Pando.ai, views the Fulfillment Cloud as a highly successful enterprise-grade platform that has achieved strong revenue growth, garnered support from leading customers, and maintained high customer satisfaction rates. As Pando expands its footprint into new industries and regions, particularly the United States, Nexus Venture Partners anticipates continued success. The collaboration between Pando and Iron Pillar further strengthens Pando’s journey towards building a prominent long-term business. With Iron Pillar’s extensive global network, including customers, partners, and strategic capital, Pando’s growth prospects are bolstered.
Conclusion
Pando.ai is disrupting the logistics tech market with its AI-powered Fulfillment Cloud platform. By unifying logistics data and streamlining processes, Pando.ai enables businesses to enhance their supply chain agility, efficiency, and resilience. With significant funding secured in the recent Series B round, Pando.ai is well-positioned for expansion across industries and geographies. Supported by prestigious investors and a world-class management team, Pando.ai is poised to revolutionize supply chain operations and drive the future of logistics technology.
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