Supply chain SaaS company O4S raises $6 million

NEW DELHI: O4S has raised $6 million in a Series-A funding round led by Think Investments. Existing investor Venture Highway also participated in the round. The company had earlier raised a total of $3.5 million in different rounds of investments backed by Venture Highway, and angel investors including Amit Singhal, Subhrakant Panda and Bikram Singh Bedi.

Founded in 2017 by Divay Kumar and Shreyans Sipani, O4S is helping manufacturing companies like

, Coca Cola, Honeywell, AkzoNobel, Mondelez among others bring visibility and automation in their supply chains using O4S enterprise SaaS platform.

The IoT and SaaS-driven platform helps manufacturing companies to digitize and automate the supply chain. It is a multi-module SaaS platform for manufacturing companies to enable traceability and automation across manufacturing, warehouses, and retail networks to increase sales and performance. The solution optimizes downstream supply chain operation. It helps bring manufacturers, warehouses, distributors, retailers, and consumers on a single mobile app-based platform to facilitate planning and production. The platform couples’ technologies like AI, ML, and IoT with the core supply chain operations to build global supply chain networks for the enterprises.

“In the last three years we have worked with more than 50 large consumer brands coming from various industries and understood their pain points well. O4S’s platforms are developed to resolve persisting supply chain challenges and lack of visibility in distribution. 2020 has been a crucial year due to the impact of COVID19 on manufacturing supply chains. The latter had been an eye-opener and compelled leaders to work towards bringing more visibility and digitization into supply chain processes which meant more opportunities for us.” said Divay Kumar, in a statement.

O4S’s co-founders were recently recognized in Forbes under 30 Asian Entrepreneurs for their Enterprise Solution. With the current funding, O4S is planning to ramp up its operations across North America and Southeast Asia expanding its enterprise customer base to 500. A lot of focus will be on horizontal expansion of products application which will benefit their existing clientele too.

In a statement, Shashin Shah, Managing Partner at Think Investments said, “A key learning from the COVID-19 pandemic is the need to improve supply chains around the world, and companies like O4S are leading in this effort.”

“The Supply Chain Traceability and Automation market is projected to reach $7.3 billion by 2026; O4S has an opportunity to become a leader in this vertical.” said Samir Sood, Founder, Venture Highway, in a statement.


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