Unicommerce raises a funding round from Nexus Venture Partners
Unicommerce, provider of SaaS based order management and fulfillment platform today announced that it has received funding from Nexus Venture Partners. Anup Gupta from NVP will be joining the board and the funding will primarily be used for marketing and sales. More details about the deal haven’t been revealed at the moment.
Unicommerce was founded in 2012 by 3 classmates from IIT Delhi -Ankit Pruthi, Karun Singla, Vibhu Garg. Their flagship product Uniware is an easy to deploy web based solution that manages the complete order fulfillment lifecycle. Companies can easily manage vendors, procurement, inventory, warehouse, shipments and returns. This enables enterprises and their customers to keep track on a real time basis of pending orders, order fulfillment and shipment status. The platform auto updates inventory and order status across the entire supply chain removing possibilities of stock outs.
Anup Gupta, Managing Director, Nexus Venture Partners, said, “Unicommerce is fulfilling a growing market need in India and overseas for simple, easy to deploy and use order, inventory management and fulfillment platform for online and offline businesses.”
Uniware is being used by e-commerce companies and retail businesses, as well vendors who supply to them -clients include Snapdeal.com, Jabong.com, ecommerce players in South East Asia and Canada. The platform manages over 1.5 million product shipments per month across50+ warehouses and 1000+ concurrent users globally.